A Store Is Offering a 30% Discount on All Items $\mathrm { S } = - 0.7 L$

question 19

Multiple Choice

A store is offering a 30% discount on all items in its inventory. Write an equation of the line giving the sales price S for an item in terms of its list price L .

• A) \(\mathrm { S } = - 0.7 L\)
• B) \(S = - 29 L\)
• C) \(S = 0.7 L\)
• D) \(S = 1.3 L\)
• E) \(S = - 2 L\)

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Definitions:

Regional Shopping Center

A retail location consisting of 50 to 150 stores that typically attract customers who live or work within a 5- to 10-mile range, often containing two or three anchor stores.

Strip Mall

A retail location consisting of a cluster of neighborhood stores to serve people who are within a 5- to 10-minute drive.

Central Business District

The oldest retail setting, usually located in the community’s downtown area.

Old-Town District

An area within a city known for its historical architecture and often sought after for cultural, tourism, and commercial activities.