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Q
QuestionMathematics

What is the new price after a 40% discount on the current price of $36?
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Answer

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Step 1:
I'll solve this problem step by step, following the specified LaTeX formatting guidelines:

Step 2:
: Identify the original price

The original price is $$\$36

Step 3:
: Calculate the discount percentage

The discount is $$40\%$$, which means we will subtract $$\frac{40}{100} = 0.40$$ of the original price

Step 4:
: Calculate the discount amount

\text{Discount amount} = \$36 \times 0.40 = \$14.40

Step 5:
: Subtract the discount from the original price

\text{New price} = \$36 - \$14.40 = \$21.60

Final Answer

Key insights: - To calculate a discount, multiply the original price by the discount percentage - Subtract the discount amount from the original price to get the new price - Always check your work by ensuring the math makes sense