A water cooler is priced at $1000 on the market. It is available at an 15% discount during the off-season from the shopkeeper. How much does it cost to sell?
A
$ 850
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B
$ 150
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C
$ 1150
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D
$ 985
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Solution
The correct option is A $ 850 Given,
Marked price =$1000
discount =15%
So,
Discounted amount=15% of 1000 =15100×1000 =15×10 =$150
Hence,
Selling price of the water cooler = Marked price − Discounted amount =1000−150 =$850