Question

A clothing store offers a red tag sale during which items are offered at 5% off the marked pr Margaret selects a dress with a marked price of $120. How much will she have to pay for it?

a. $115
b. $110
c. $96

Answer 1

Margaret will have to pay $114 for the dress after applying the 5% discount off the original price of $120.

Step-by-step explanation:

To calculate the amount Margaret has to pay for a dress originally priced at $120 with a 5% discount, we first determine the amount of the discount. To do this, convert the percentage to a decimal and then multiply by the original price.

Amount of discount: $120 × 0.05 = $6

Next, subtract the discount from the original price to find the sale price.

Sale price: $120 - $6 = $114

So, Margaret will have to pay $114 for the dress after the red tag sale discount is applied.