To determine the net price of a 10-inch band saw that has a list price of [tex]$299.95 and is currently on sale at a 35% discount, follow these steps:
1. Determine the discount amount in dollars:
- We know that a 35% discount is being applied to the list price.
- Calculate the discount amount by applying the percentage to the list price.
\[
\text{Discount Amount} = \text{List Price} \times \left( \frac{\text{Discount Percentage}}{100} \right)
\]
Plugging in the values:
\[
\text{Discount Amount} = 299.95 \times \left( \frac{35}{100} \right)
\]
- This results in a discount amount of $[/tex]104.9825.
2. Calculate the net price after applying the discount:
- Subtract the discount amount from the list price to find the net price.
[tex]\[
\text{Net Price} = \text{List Price} - \text{Discount Amount}
\][/tex]
Plugging in the values:
[tex]\[
\text{Net Price} = 299.95 - 104.9825
\][/tex]
- This results in a net price of [tex]$194.9675.
Hence, the net price of the 10-inch band saw, after applying the 35% discount, is $[/tex]194.9675.
