21. A consumer purchases a new sofa that is on sale for 10% off. The original price of the sofa is $950. Which of the following prices represents the sale price of the sofa before taxes are applied?
Answer: B
The sale price of the sofa before taxes is $855.
To calculate the sale price of the sofa, we first determine the discount amount by multiplying the original price of $950 by the discount rate of 10%. This results in a discount of $95, which when subtracted from the original price gives us a sale price of $855.
A) $940
This option is incorrect because it does not accurately reflect the calculated sale price after applying the 10% discount. The $940 figure does not correspond to any calculation based on the original price and the discount provided.
B) $855
This is the correct option as it represents the sale price of the sofa after applying a 10% discount. The original price of $950 minus the $95 discount results in a final price of $855, which is accurate.
C) $85
This option is incorrect because it represents the amount of the discount rather than the sale price of the sofa. The discount calculated from the original price is $95, not $85, thus making this option irrelevant to the question.
D) $95
This option is also incorrect as it represents the discount amount rather than the sale price. The sale price must be derived from subtracting this discount from the original price, not simply stating the discount itself.
Conclusion
The correct answer is $855 because it accurately reflects the sale price after applying the 10% discount to the original price of the sofa. All other options fail to represent the correct sale price, either miscalculating the discount or providing unrelated figures. Thus, understanding how to calculate discounts is essential for determining sale prices accurately.