If an item is listed at \$575.50 and you receive a 30\% discount, how much money will you save?

• A. \$575.50
• B. \$172.65
• C. \$143.88
• D. \$402.85

Answer: (B)

Verified step by step guidance

1. Identify the original price of the item, which is \$575.50.
2. Determine the discount percentage, which is 30%. Convert this percentage into a decimal by dividing by 100. This gives 0.30.
3. Calculate the discount amount by multiplying the original price by the decimal form of the discount percentage: $575.50\times 0.30$.
4. Subtract the discount amount from the original price to find the final price after the discount: $575.50-\mathrm{Discount}$.
5. The money saved is equal to the discount amount calculated in step 3.