What is an sale price of an item that cost $75.00 and is discounted 30%

Question

Needn help with algebraaa

Answer 1

This problem is stated rather loosely--I think $75 is the LIST PRICE (or regular price), and there's a 30% discount.

 

That means that a purchaser would pay 70% of the list price: 0.70($75) = $52.50.

 

The word COST is the amount that the seller has to expend to make, or acquire, goods that are, in turn, to be sold, at a markup (for profit & 'overhead'), thus establishing the LIST PRICE. It will be interesting to discuss this detail with your teacher!