Today's question based on a real exam. The topic is percentages.

**"In a sale, the price of an oven goes down 15% from $740. Calculate the sale price of the oven."**

This question can be worth up to 3 marks in a real exam.

**SCROLL DOWN FOR ANSWER BELOW**

*ANSWER:*

They ask us to reduce the price of the oven by 15% and find the new price. The original price of the oven is $740.

**Method 1**

If a calculator is allowed in your test, this is a very easy calculation. This is what you must type into the calculator:

**740 x 0.85 = $629.00 or 740 x 85% = $629.00**

The example above is calculating percentages with **percentage multipliers.**

**Method 2**

Without a calculator, you can solve the problem the traditional way. You must split the 15% in to 10% and 5%

**1) 10% of 740 = $74**

**2) 5% of 740 = $37**

**3) 15% = $111**

**4) $740 - $111 = $629.00**