Question

Nate just started working at a clothing store. He receives a 25% discount on any item once a month. This month, Nate decided to buy a jacket that has a retail price of $72.99. How much did Nate pay for his jacket?

Answer 1

$54.74

If we were to deduct %25 percent of something, this means that there is only %75 of that thing left.

If Nate has not yet used his discount, we can solve for the price of the jacket with this equation:

72.99 × 0.75 = 54.7425

Therefore, the price of his jacket (rounded to the nearest cent) is fifty-four dollars and seventy-four cents.