Question

A furniture store is going bankrupt and liquidating their inventory at prices that are 60% off of the retail price. What is the sale price for a furniture set that normally retails for $1,574.89?

Answer 1

Recall that the x% of y is:

`y\cdot(x)/(100)\text{.}`

Therefore the 60% of 1574.89 is:

`1574.89\cdot(60)/(100)=944.934.`

Then, the sale price is:

`1574.89-944.934.`

Answer: 629.96.