A pair of \( \$ 120 \) sneakers are on sale for \( 30 \% \) off. What is the sale price
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To find the sale price of the sneakers, first calculate the discount amount. A \( 30\% \) discount on \( \$ 120 \) is \( 0.30 \times 120 = \$ 36 \). Now, subtract the discount from the original price: \( 120 - 36 = \$ 84 \). So, the sale price of the sneakers is \( \$ 84 \)! Sales often draw attention, but did you know that the psychology of pricing can make or break a deal? Retailers often set prices just below whole numbers (like \( \$ 19.99 \) instead of \( \$ 20 \)) because it plays tricks on our perception of value, making items seem cheaper than they really are! When hunting for bargains, one common mistake is forgetting to check the original price before looking at the discount. Sometimes, retailers will artificially inflate prices before offering a discount to create a false sense of savings. Always do the math to ensure you're getting the best deal possible!