A shopkeeper purchased hammocks for $800 and sold them at a discount of 25%. What was the selling price? Choose the correct option.

A $400

B $600

C $200

D $500

Respuesta :

Answer:

B

Step-by-step explanation:

25% of 800 is 200, so 800-200 is 600

The selling price of the hammocks is $600.

What is selling price?

Selling price is the price that a customer pays to purchase a product or a commodity.

What is cost price?

Cost price is the total amount of money that it costs a manufacturer to produce a given product or provide a given service.

What is discount?

A reduction made from the gross (see gross entry 1 sense 3b) amount or value of something is called discount.

What is the relation between cost price, selling price and discount?

selling price = cost price - discount

According to the given question.

The cost price of hammocks = $800

The percentage of discount given by the shopkeeper for the hammock = 25%.

So,

The amount discount given by the shopkeeper

= 25% of 800

[tex]= \frac{25}{100} (800)\\[/tex]

= $200

Therefore, the selling price of the hammocks = $800 - $200 = $600

Hence, the selling price of the hammocks is $600.

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