5
practice examMultiple Choice

Practice Exam

Question 5 • Financial Math

A neighborhood sports store has two popular running shoes on sale. Shoe A, originally priced at $⁢84 , comes with a 10 percent discount. Shoe B, originally priced at $⁢92 , has a 20 percent discount. After the discounts, which shoe costs less?

Answer
A
Shoe A will cost 2 point 0 0 dollars less than Shoe B.
B
Shoe B will cost 2 point 0 0 dollars less than Shoe A.
C
Shoe B will cost 0 point 6 0 dollars less than Shoe A.
D
Shoe A will cost 8 point 4 0 dollars less than Shoe B.

Explanation

Shoe A’s discount is 10% of $84, or $8.40, so it costs $84 − $8.40 = $75.60. Shoe B’s discount is 20% of $92, or $18.40, so it costs $92 − $18.40 = $73.60. Shoe B costs $2.00 less than Shoe A, which matches choice C.

AI-written and checked against the verified answer.

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