How much will you save if you buy an item listed at $575.50 at a 30 percent discount?
The problem is practically asking for the amount cut off from the original price as a discount. We let x be the discount.
x = ($575.50)(0.3)
The value of x from the equation is $172.65. Thus, you will save up $172.65.
Answer: $ 172.65 will be saved.
Step-by-step explanation:
Since, the marked up price of the item = $575.50,
Discount percentage = 30 %,
Thus, the total discount or the money that will be saved = 30 % of the marked up price
\(= 30\% \text{ of }575.50\)
\(= 0.3 \times 575.50\) ( 1% = 0.01 ⇒ 30 % = 0.3 )
\(= \$ 172.65\)
Thus, $ 172.65 will be saved.