To find the missing values for the given marked price of $310.00 and a discount rate of 10%, we can use the following formulas:
- Discount = Marked Price × Rate of Discount
- Sale Price = Marked Price - Discount
Step 1: Calculate the Discount
Given:
- Marked Price = $310.00
- Rate of Discount = 10% = 0.10 (in decimal)
Now, we can calculate the discount:
\[ \text{Discount} = 310.00 \times 0.10 = 31.00 \]
Step 2: Calculate the Sale Price
Now, we can determine the sale price:
\[ \text{Sale Price} = \text{Marked Price} - \text{Discount} = 310.00 - 31.00 = 279.00 \]
Summary of Results
- Marked Price: $310.00
- Rate of Discount: 10%
- Discount: $31.00
- Sale Price: $279.00
So the missing values are:
- Discount: $31.00
- Sale Price: $279.00
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