A material cost is $320 and you receive a 15% discount. What is the discount amount?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $25.99Unlock all

Prepare for the Local 483 Apprenticeship Exam. Utilize flashcards and multiple-choice questions, with hints and explanations for each. Get exam-ready today!

Multiple Choice

A material cost is $320 and you receive a 15% discount. What is the discount amount?

Explanation:
A discount means you subtract a portion of the original price, found by multiplying the price by the discount rate. Here, 15% is 0.15, so the discount amount is 320 × 0.15. Break it down: 320 × 0.1 = 32 and 320 × 0.05 = 16, adding up to 48. So you save $48. The new price would be 320 − 48 = 272. Using a fraction, 15% = 3/20, so 320 × 3/20 = (320/20) × 3 = 16 × 3 = 48. This matches the discount amount for 15%. The other options correspond to different percentages, not 15%.

A discount means you subtract a portion of the original price, found by multiplying the price by the discount rate. Here, 15% is 0.15, so the discount amount is 320 × 0.15. Break it down: 320 × 0.1 = 32 and 320 × 0.05 = 16, adding up to 48. So you save $48. The new price would be 320 − 48 = 272. Using a fraction, 15% = 3/20, so 320 × 3/20 = (320/20) × 3 = 16 × 3 = 48. This matches the discount amount for 15%. The other options correspond to different percentages, not 15%.

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy