7
Answer: ASet 3: Percentages (Advanced)
Explanation
PROBLEM
Recent studies show that an item costs $120 and is 20% off. What is the sale price?
An item costs $120 and is 20% off. What is the sale price?
A.✓ Correct
96
B.
91
C.
192
D.
86
Detailed Explanation
[Variation 1] Choice A is the best answer. Discount = 20% of 120 = 24. Sale price = 120 - 24 = $96
Why others are wrong:
B: 91 is incorrect because it does not satisfy the equation.
C: 192 is incorrect because it does not satisfy the equation.
D: 86 is incorrect because it does not satisfy the equation.