Select the correct answer.
savings = price x discount percentage
How much will you save if you buy an item listed at $75.50 at a 25% discount?
A. $18.88
B. $25.00
C. $56.62
Answer (2)
Convert the discount percentage to a decimal: 25% = 0.25 .
Multiply the listed price by the discount: 75.50 × 0.25 = 18.875 .
Round the result to two decimal places for monetary value: 18.875 ≈ 18.88 .
The savings is $\boxed{ 18.88} .
Explanation
Problem Analysis We are asked to calculate the savings on an item with a listed price of $75.50 when a 25% discount is applied.
Converting Percentage to Decimal To find the savings, we need to multiply the listed price by the discount percentage. First, we convert the discount percentage into a decimal by dividing by 100: D i sco u n t = 100 25 = 0.25
Calculating Savings Next, we multiply the listed price by the discount (as a decimal): Savings = Listed\ Price \times Discount = $75.50 \times 0.25
Final Savings Amount The result of the multiplication is: Savings = $18.875 Since we are dealing with money, we round to two decimal places: Savings = $18.88
Conclusion Therefore, the amount saved is $18.88.
Examples
Imagine you are shopping for clothes and see a jacket you like that is originally priced at $75.50. The store is offering a 25% discount on all jackets. By calculating the discount amount, you can determine how much money you will save on the jacket. This calculation is a practical application of percentage discounts in everyday shopping scenarios, helping you make informed purchasing decisions and manage your budget effectively.
You will save $18.88 on an item priced at $75.50 with a 25% discount. This is calculated by converting the percentage to a decimal, multiplying it by the price, and rounding to two decimal places for money. Thus, the correct option is A. $18.88.
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