Question

Goods bought for $1200 had to be sold off at a discount of 12%. What is the selling price?

Answer 1

So do 1200 x 12%. And then subtract

Answer 2

To find the selling price after applying a discount of 12% to goods bought for $1200, we can follow these steps:

Step 1: Calculate the discount amount.

Discount Amount = 12% of $1200

Discount Amount = 0.12 * $1200

Discount Amount = $144

Step 2: Subtract the discount amount from the original price to get the selling price.

Selling Price = Original Price - Discount Amount

Selling Price = $1200 - $144

Selling Price = $1056

So, the selling price after applying a discount of 12% to goods bought for $1200 is $1056.