To find the sale price of a suit that is marked down by 30%, you can follow these steps:
- Calculate the amount of the discount.
- Subtract the discount from the original price.
Step 1: Calculate the Discount
The discount amount can be calculated by multiplying the original price by the discount rate.
\[ \text{Discount} = \text{Original Price} \times \text{Discount Rate} \] \[ \text{Discount} = 260 \times 0.30 = 78 \]
Step 2: Subtract the Discount from the Original Price
Now, subtract the discount from the original price to find the sale price.
\[ \text{Sale Price} = \text{Original Price} - \text{Discount} \] \[ \text{Sale Price} = 260 - 78 = 182 \]
Thus, the sale price of the suit is $182.