A consumer purchases a new sofa that is on sale for 10% off. The original price of the sofa is $950. Which of the following prices represents the sale price of the sofa before taxes are applied?
The sale price of the sofa before taxes are applied is $855.
The sofa is on sale for 10% off its original price of $950. To calculate the sale price, subtract 10% of the original price from the original price. 10% of $950 is $95, and $950 - $95 = $855.
This price represents a reduction of only $10 from the original price, which is much less than the 10% discount offered. To calculate 10% off, you would need to multiply the original price by 10% and subtract that amount from the original price. In this case, that would be $950 - ($950 * 10/100) = $855, not $940.
This is the correct answer. The 10% discount on the sofa is calculated by multiplying the original price of $950 by 10% (or 0.10), which equals $95. Subtracting $95 from the original price gives the discounted price of $855.
This price is far less than the original price of the sofa and does not represent a 10% discount. It seems to be a calculation error where 10% of the original price is mistakenly taken as the sale price instead of being subtracted from the original price.
This appears to be a miscalculation where 10% of the original price is incorrectly taken as the sale price. In reality, 10% of the original price ($95) should be subtracted from the original price to get the sale price.
When a discount is given as a percentage, it means that you subtract that percentage of the original price from the original price to get the sale price. For a 10% discount on a $950 sofa, the sale price before taxes will be $855. This calculation involves finding 10% of $950 and subtracting it from $950. The prices $940, $85, and $95 do not accurately reflect this calculation and are therefore incorrect.
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