17% Discount on bike

mediumGrade 6-8discount

The Problem

A bike costs $167. The store offers a 17% discount. What is the final price?

Answer:

$139

Key Information

  • Original price: $167
  • Discount: 17%

Formula

Final Price = Original Price - (Original Price × Discount%)

Step-by-Step Solution

1

Identify original price and discount

Original price = $167, Discount = 17%
2

Calculate discount amount

Discount = 167 × 17% = 167 × 0.17
3

Calculate discount value

167 × 0.17 = $28
4

Subtract discount from original price

167 - 28 = 139
5

Final answer

The final price is $139

Common Mistakes to Avoid

  • Forgetting to subtract the discount from original price
  • Calculating percentage incorrectly

Helpful Tips

  • Convert percentage to decimal by dividing by 100
  • Multiply, then subtract from original price

Real-World Application

Discount calculations help you save money when shopping during sales.

Related Topics:

percentagediscountmoneyword problems

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