Question

A cricket bat is bought for $350. Later, it is sold with a loss of 15%.

How much is the cricket bat sold for? $
After selling the cricket bat, how much money has been lost? $

Give your answer to two decimal places because it is a currency.

Answer 1

the bat is sold for $297.50

$52.50 is lost

Explanation:

first you need to find how much money is lost from the discount.

This can be done by taking 15% from $350

Multiply 350 x .15

This equals to 52.5 thus $52.50 is lost

to find the final price of the bat:

Subtract 350 - 52.5

This equals to 297.5 therefore

The final cost of the bat is $297.50

hope this helps:)