Question

Question content area top
Part 1
Find the missing values.
Marked Price
Rate of Discount
Discount
Sale Price
​$220.00
20​%
Question content area bottom
Part 1
Marked Price
Rate of Discount
Discount
Sale Price
​$220.00
20​%
​$
  
enter your response here
​$
  
enter your response here
​(Simplify your answers. Type an integer or a​ decimal.)

Answer 1

To find the missing values, we can use the following formulas:

1. **Discount** = Marked Price × Rate of Discount
2. **Sale Price** = Marked Price - Discount

Given:
- Marked Price = $220.00
- Rate of Discount = 20% (which is 0.20 in decimal form)

### Step 1: Calculate the Discount
Using the discount formula:
\[
\text{Discount} = \text{Marked Price} \times \text{Rate of Discount} = 220.00 \times 0.20
\]
\[
\text{Discount} = 220.00 \times 0.20 = 44.00
\]

### Step 2: Calculate the Sale Price
Using the sale price formula:
\[
\text{Sale Price} = \text{Marked Price} - \text{Discount} = 220.00 - 44.00
\]
\[
\text{Sale Price} = 220.00 - 44.00 = 176.00
\]

### Summary of Values
- Discount: **$44.00**
- Sale Price: **$176.00**

So, the completed values are:

- Discount: **$44.00**
- Sale Price: **$176.00**