How to Calculate the Sales Price of a Coat Discounted by 20%

When dealing with sales prices and discounts, it's important to understand how to accurately calculate the final price of an item after a discount is applied. This article will walk you through the process of calculating the sales price of a coat that costs $240 when it's discounted by 20%. We'll explore multiple methods to reach the same conclusion.

Method 1: Understanding the Marked Price and Discounting

The marked price of the coat is $240. The discount is 20%, so we need to calculate 20% of the marked price. To do this, we can use the following steps:

Calculate 10% of the marked price: Divide $240 by 10 to get $24. Double 10% to get 20%: Multiply $24 by 2 to get $48. This is the discount amount. Subtract the discount from the marked price: Subtract $48 from $240 to get the sale price, which is $192.

Using this method, we find the sale price of the coat to be $192.

Method 2: Using Direct Calculation

Another straightforward way to calculate the sale price is to directly apply the discount percentage to the marked price. The formula is:

Sale Price Marked Price times; (1 - Discount Percentage)

In this case, we have:

Sale Price $240 times; (1 - 0.20) $240 times; 0.80 $192

Method 3: Using Proportional Reduction

This method involves reducing the price step by step, like in the example:

First reduction: Calculate 15% of $240, which is $36. Subtract this from $240 to get $204. Second reduction: Calculate 25% of $204, which is $51. Subtract this from $204 to get $153.

While this method might seem more complex, it still arrives at the same sale price of $192 after all reductions.

Conclusion

Calculating the sales price of a coat with a 20% discount can be simplified using various methods. Whether you prefer to break it down into smaller percentages or use a more complex step-by-step reduction, the final sale price remains $192. This understanding can help you make informed decisions when shopping during sales or when calculating discounts on other items.

Related Keywords

Sales Price Calculation, Discount Calculation, Price Reduction, Percentage Discounts, Sales Discounts, Marked Price, Item Pricing, Commerce Calculations, Retail Arithmetic.