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Bolt Electrics is offering a 20% discount this week on MP3 players. If the price of an MP3 player was $620. How much will it now cost?

Question

Bolt Electrics is offering a 20% discount this week on MP3 players. If the price of an MP3 player was $620. How much will it now cost?

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Solution

Step 1: Understand the problem. The original price of the MP3 player is $620 and Bolt Electrics is offering a 20% discount.

Step 2: Calculate the amount of the discount. To do this, multiply the original price by the discount rate. In this case, 62020/100=620 * 20/100 = 124. This is the amount that will be deducted from the original price.

Step 3: Subtract the discount from the original price to find the new price. So, 620620 - 124 = $496.

So, after a 20% discount, the MP3 player will now cost $496.

This problem has been solved

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