Future Business Leaders of America (FBLA) Marketing Practice Test

What is the final price of an order of art supplies after applying a 10 percent discount on $60.00?

1. $54.00

2. $52.50

3. $56.20

4. $60.00

The correct answer is: $54.00

To find the final price of the art supplies after applying a 10 percent discount, you first need to calculate the amount of the discount. The discount is determined by taking 10 percent of the original price of $60.00. Calculating the discount amount: 10 percent of $60.00 is calculated as follows: \[ \text{Discount} = 0.10 \times 60 = 6.00 \] Next, subtract the discount amount from the original price to find the final price: \[ \text{Final Price} = 60.00 - 6.00 = 54.00 \] Thus, the final price after applying the discount is $54.00. This approach illustrates how percentage discounts work, demonstrating the necessary steps to apply a discount correctly and arrive at the final price.