SOLUTION: Lucy bought a knife set for $500.00 after getting a 10% discount. How much money did Lucy save?

Algebra.Com
Question 238344: Lucy bought a knife set for $500.00 after getting a 10% discount. How much money did Lucy save?
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
Let = the original price of the knife
given:
The discount =
The discounted price =
dollars




Lucy saved $55.56

RELATED QUESTIONS

if katie bought a crib for $260 and she had a coupon for a 10% discount then how much... (answered by jim_thompson5910,josmiceli)
Susan bought a coat that sold 150 dollars. She had a coupon for a 10% discount. How much... (answered by jorel555)
Lucy went to a shop that was having a sale with 15% off the marked price of every item.... (answered by LynnMomo)
Neil and Lucy had a total of 200$. After Neil spent 50$, he had 3times as much as Lucy.... (answered by ikleyn,math_helper,greenestamps)
Grace bought an 800-peso jacket at 20% discount and a 1,200-peso shoes at a 10% discount. (answered by josgarithmetic,ikleyn)
Lucy paid a total of $550 for a brooch, a necklace and a watch. She spent 3/5 money on... (answered by ikleyn,math_tutor2020)
Lucy bought a motorcycle for eight thousand dollars. The motorcycle decreases in value... (answered by fractalier)
Lucy bought a motorcycle for eight thousand dollars. The motorcycle decreases in... (answered by jorel1380,Alan3354)
Paul bought a student discount card for the bus. The card allows him to buy daily bus... (answered by swincher4391)