Algebra 1 : How to find the sale price

Study concepts, example questions & explanations for Algebra 1

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Example Questions

Example Question #1 : How To Find The Sale Price

A girl in County A spent $75 before a 7.25% sales tax and a girl in County B spent $70 before an 8% sales tax. How much more money did the girl from County A spend than the girl from County B after sales tax was applied? Round to the nearest hundredth.

Possible Answers:

$2.63

$1.63

$5.84

$16.25

$4.84

Correct answer:

$4.84

Explanation:

County A: Multiply the price by the sales tax to find out how much money the sales tax will add. Remember to convert percent to decimal!

$75 * 0.0725 = $5.4375

Add the original price and the sales tax.

$75 + $5.4375 = $80.4375

County B: Multiply the price by the sales tax to find out how much money the sales tax will add. Remember to convert percent to decimal!

$70 * 0.08 = $5.6

Add the original price and the sales tax.

$70 + $5.6 = $75.6

Then take the difference.

80.4375 – 75.6 = 4.8375

Round to the nearest hundredth: $4.84

Example Question #1 : How To Find The Sale Price

Mary was shopping for a new dress, and found one she liked for $48. Better yet, it was 25% off. How much did Mary pay for the dress? 

Possible Answers:

$36

$40

$23

$12

$30

Correct answer:

$36

Explanation:

To find the sale price we can set up a proportion. 25/100 = x/48. We keep the 100 and 48 both on the bottom of the fraction since they represent the "whole". x represents the discount off the full price of the dress. To solve this proportion, we cross multiply, yielding 48 * 25 = 100x. Alternatively, if you notice that 25/100 simplifies to 1/4, we can use 1/4 in our proportion instead of 25/100, thus, 1/4 = x/48. Then, cross multiplying, we get 48 = 4x, so x = 12. Then we subtract this discount from the original price yielding 48 – 12 = 36; thus, she paid $36 for the dress.

25% = 25/100

\displaystyle \frac{25}{100}=\frac{x}{48}

\displaystyle \frac{1}{4}=\frac{x}{48}

(1) * (48) = (4) * (x)

48 = 4x

(48)/4 = (4x)/4

12 = x

The discount is $12.

$48 – $12 = $36

Example Question #2 : How To Find The Sale Price

Robin sees that a jacket at the mall has been marked down 20% from an original price of $49.99. Taking into account the sales tax of 8%, which is applied after taking the discount, how much will Robin have left over if she brought $60 to the mall?

Possible Answers:

\displaystyle \$16.02

\displaystyle \$15.01

\displaystyle \$16.81

\displaystyle \$6.02

\displaystyle \$10.01

Correct answer:

\displaystyle \$16.81

Explanation:

After the discount, she will pay for the remaining cost of the jacket. This cost will be equal to the percent remaining after the discount.

100% – 20% = 80%

She will pay for 80% of the original cost.

80% = 0.80

\displaystyle \$49.99 * (0.80) = \$39.99

Add in the sales tax.

8% = 0.08

\displaystyle \$39.99+ (\$39.99*0.08) = \$39.99+ (\$3.20)=\$43.19

Subtract the final price from Robin's budget of $60.

\displaystyle \$60.00 - \$43.19 = \$16.81

Example Question #1 : How To Find The Sale Price

There is a sale for 20% off on a sweater your grandma wants to buy you for christmas. The original price is $15.98. How much does the sweater cost with the discount?

Possible Answers:

\displaystyle \$ 3.19

\displaystyle \$14.21

\displaystyle \$12.79

\displaystyle \$11.55

Correct answer:

\displaystyle \$12.79

Explanation:

To find the answer, you must first convert the sales percentage to a decimal by moving the decimal left two places.

\displaystyle 20\% =0.20

Then, multiply the total cost by the decimal.

\displaystyle \$15.98(0.20)=\$3.19

This gives us the amount of the discount. To find the remaining cost, we subtract that number from the original cost to get the answer.

\displaystyle \$15.98-\$3.19=\$12.79

Example Question #1 : How To Find The Sale Price

A shirt that originally cost $45 is on sale. The sale price is 15% off of the original price. What is the sale price?

Possible Answers:

\displaystyle \$51.75

\displaystyle \$6.75

\displaystyle \$38.00

\displaystyle \$38.25

Correct answer:

\displaystyle \$38.25

Explanation:

First, calculate 15% of $45:

\displaystyle \small 0.15\times 45 = 6.75

Therefore, the discount is $6.75 off of the price of the shirt. To find the sale price, subtract the discount from the original price:

\displaystyle \small 45-6.75=38.25

Example Question #1 : How To Find The Sale Price

An item is marked up by 25% and then marked down by 40%.  What percentage of the original price is the new price?

Possible Answers:

\displaystyle 105\%

\displaystyle 80\%

\displaystyle 85\%

\displaystyle 10\%

\displaystyle 75\%

Correct answer:

\displaystyle 75\%

Explanation:

The quickest way to do this problem is to realize that a "mark up" is done by adding that percentage to 100%.  For instance a 40% markup is performed by multiplying by 1.4.  A markdown is done by subtracting that percentage from 100%.  For instance, a 25% markdown is performed by multiplying by 0.75.  (Think of the latter case like this: it is 75% of its original price.)

Based on these remarks, the problem is easy.  While we do not know our price we know that the first markup gives us:

\displaystyle 1.25 * x

To this, we now perform the mark down:

\displaystyle 0.6 * 1.25 * x

Multiply out your coefficients (the numbers in the front):

\displaystyle 0.75 * x

This is the same thing as saying "75% of the original price (\displaystyle x)."

Example Question #2 : How To Find The Sale Price

The price of an item is $18 after a 25% discount.  What was its original price? 

Possible Answers:

\displaystyle \$22

\displaystyle \$24

\displaystyle \$72

\displaystyle \$13.50

\displaystyle \$4.50

Correct answer:

\displaystyle \$24

Explanation:

If something is discounted \displaystyle 25\%, it is really \displaystyle 75\% of its original price.  The question is thus asking, "\displaystyle 75\% of what is \displaystyle \$18?" This can be translated as:

\displaystyle 0.75 * x = 18

Solve for \displaystyle x by dividing both sides of the equation by \displaystyle 0.75:

\displaystyle \frac{0.75*x}{0.75} = \frac{18}{0.75}

\displaystyle x=24

Therefore, it was originally \displaystyle \$24.

Example Question #1 : How To Find The Sale Price

The price of an item is $25 after a 60% discount.  What was the original price?

Possible Answers:

\displaystyle \$47

\displaystyle \$15

\displaystyle \$10

\displaystyle \$53

\displaystyle \$62.50

Correct answer:

\displaystyle \$62.50

Explanation:

When an item is marked down \displaystyle 60\%, it is \displaystyle 40\% of its original price.  The question could be rephrased as "\displaystyle 40\% of what is \displaystyle \$25?"  This could be rewritten as an equation rather simply:

\displaystyle 0.40 * x = 25

Solve for x by dividing both sides by 0.40:

\displaystyle x = \frac{25}{0.40} = 62.5.

Example Question #1 : How To Find The Sale Price

At a department store, a high-end pair of jeans normally costs $170. This week, the store is having a sale and marked the jeans 20% off. However, Jane is an employee of the store and gets an additional 25% discount off the already discounted sale price. How much will Jane pay for the jeans?

Possible Answers:

\displaystyle \$102

\displaystyle \$124

\displaystyle \$127.50

\displaystyle \$68

\displaystyle \$136

Correct answer:

\displaystyle \$102

Explanation:

The first step is to find 20% of $170. This can be done easily by multiplying 170 by 0.2, yielding $34. We subtract 34 from 170 to get the initial sale price, $136. Next, we have to take 25% of that already discounted figure, and we do this by multiplying 136 by 0.25. Again, we happen to get $34, and after we subtract that number from 136 we get our final price, $102. The other answer choices are either the result of forgetting a step or of simple calculation errors.

Example Question #2 : How To Find The Sale Price

Mr. Jones is trying to restrict his expenditures on groceries to 12% of his salary. He makes $756.00 weekly, and he lives in a state where the sales tax rate is 6.125% on groceries. Calculate the maximum price before sales tax of the groceries Mr. Jones can buy each week in order to stick to his self-imposed limit.

Possible Answers:

\displaystyle \$85.16

\displaystyle \$90.72

\displaystyle \$85.48

\displaystyle \$96.28

\displaystyle \$95.96

Correct answer:

\displaystyle \$85.48

Explanation:

According to his rule, Mr. Jones can spend 12% of $756.00 weekly.

\displaystyle 0.12* \$756.00 = \$90.72

This is the amount he can spend after sales tax.

Let \displaystyle x be the price of the groceries before the sales tax is figured in. 

The sales tax paid is 6.125% of \displaystyle x, or \displaystyle 0.06125x, so the amount paid for the groceries is \displaystyle x+ 0.06125x= 1.06125x.

Since Mr. Jones is limited to spending $90.72, this means that \displaystyle 1.06125x \leq 90.72. We can solve the inequality for \displaystyle x.

\displaystyle x \leq \$90.72 \div1.06125

\displaystyle x\leq \$85.48

The maximum amount Mr. Jones can spend before tax is $85.48.

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