Savannah has a clothing boutique and needs to boost her sales. For a limited time, she is offering one of her most popular dresses originally priced at $80 for 50% off, making the dress now $40. Which of these terms refers to the $80 price?
A. final price
B. discount
C. list price
D. sale price
Nope, it's discount.
The correct answer is C. list price. The list price refers to the original price of the dress, which is $80 in this case.
The term that refers to the $80 price of the dress is C. list price.
To understand this, let's break down the terms:
1. Final price: This refers to the price that is paid by the customer after applying any discounts or promotions. In this case, the final price of the dress is $40.
2. Discount: This refers to the reduction in price from the original price. In this case, the discount is 50%, which means the dress is being sold for half of its original price.
3. List price: This refers to the original or regular price of a product before any discounts or promotions are applied. In this case, the list price of the dress is $80, which means that it is the original selling price before the 50% discount.
4. Sale price: This term usually refers to the price at which a product is being sold during a sale or promotional event. In this case, the sale price of the dress is $40, which is the price after the discount has been applied.
Therefore, the correct answer is C. list price, as it refers to the original price of the dress before the discount.