Math Problem Statement

If you save $24.26 by buying an item from a discount catalog when the list price is $123.85, what is the discount price?

Solution

To find the discount price, you can subtract the amount saved from the list price.

Discount Price=List PriceAmount Saved\text{Discount Price} = \text{List Price} - \text{Amount Saved}

Given:

  • List Price = $123.85
  • Amount Saved = $24.26

Now, subtract:

Discount Price=123.8524.26=99.59\text{Discount Price} = 123.85 - 24.26 = 99.59

So, the discount price is $99.59.

Would you like further details or have any questions?

Here are 5 related questions:

  1. What percentage discount did you receive on this item?
  2. If you saved 15% on the item instead, what would the new price be?
  3. What is the final price if an additional 5% tax is applied to the discount price?
  4. If you buy 3 more items at the discount price, what would be your total cost?
  5. How much would you save if the item were originally $150.00, and you received the same discount?

Tip: Always double-check both the original price and the discount amount before finalizing purchases to ensure you're getting the correct savings.

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Math Problem Analysis

Mathematical Concepts

Arithmetic
Discount Calculation
Subtraction

Formulas

Discount Price = List Price - Amount Saved

Theorems

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Suitable Grade Level

Grades 5-7