Question

Mr. Quick purchased a new laptop with a price of $1580. The store was offering a discount of 23%. What is the amount of the discount? Round to the nearest penny.

a) $362.40
b) $363.40
c) $363.60
d) $363.00

Answer 1

To calculate the discount on the laptop, multiply the original price ($1580) by the discount rate (23%), which gives us $363.40 after rounding to the nearest penny. The correct answer is option b) $363.40.

Step-by-step explanation:

The student is asking how to calculate the discount on a laptop with an original price of $1580 and a discount rate of 23%. To find the amount of the discount, you multiply the original price by the discount rate:

• First, convert the discount rate from a percentage to a decimal by dividing by 100: 23% / 100 = 0.23.
• Then, multiply the original price of the laptop by the converted discount rate: $1580 * 0.23 = $363.40.
• Finally, round the discount to the nearest penny, which gives us the answer of $363.40.

Thus, the amount of the discount Mr. Quick receives on the laptop is $363.40, which corresponds to option b).