Answer:
The new price of the wagon is $80.96.
Step-by-step explanation:
We need to find the price of a $89.95 wagon after a 10% discount. We can do this by writing a proportion.
[tex]\frac{90}{100}[/tex] = [tex]\frac{x}{89.95}[/tex] --- [tex]\frac{90}{100}[/tex] is 90% and x is 90% of the original price
We now need to solve for x. We can do this by cross multiplying the fractions.
[tex]\frac{90}{100}[/tex] = [tex]\frac{x}{89.95}[/tex]
100x = 8095.5 --- cross multiply
x = 80.955 --- divide both sides by 100
x = $80.96 --- round to 2 decimals
The new price of the wagon is $80.96.
