23% Discount on jacket

mediumGrade 6-8discount

The Problem

A jacket costs $263. The store offers a 23% discount. What is the final price?

Answer:

$203

Key Information

  • Original price: $263
  • Discount: 23%

Formula

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

Step-by-Step Solution

1

Identify original price and discount

Original price = $263, Discount = 23%
2

Calculate discount amount

Discount = 263 × 23% = 263 × 0.23
3

Calculate discount value

263 × 0.23 = $60
4

Subtract discount from original price

263 - 60 = 203
5

Final answer

The final price is $203

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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