Jay's Discounted Coat Purchase
How Much Did Jay Spend on His Coat After the Discount?
Jay wanted a coat that cost $170. He had a coupon for 45% off one item. What is the selling price after the discount?
The Selling Price After the Discount
After the discount, the coat's selling price would be $93.50.
In order to calculate the selling price after the discount, we first need to determine the value of the discount. This can be done by dividing the purchase price ($170) by the percentage off (45% or 0.45):
$170 x 0.45 = $76.50
Therefore, the value of the discount is $76.50. Now, we simply deduct the discount from the original price to find the selling price:
$170 - $76.50 = $93.50
Therefore, after using the 45% off coupon, Jay would spend $93.50 for the coat.