Calculate the selling price of the following:
Original Price $=\$ 149.95$
Discount $=15 \%$
\(\boxed{The selling price of the item after a 15\% discount is applied is \$127.46}\)
Step 1 :Given that the original price of the item is \( \$149.95 \) and the discount is \( 15\% \).
Step 2 :First, calculate the discount amount. The discount amount is calculated as a percentage of the original price. So, \( Discount Amount = Original Price \times Discount Percent \).
Step 3 :Substitute the given values into the equation: \( Discount Amount = \$149.95 \times 0.15 = \$22.49 \).
Step 4 :Next, calculate the selling price. The selling price of an item can be calculated by subtracting the discount from the original price. So, \( Selling Price = Original Price - Discount Amount \).
Step 5 :Substitute the values into the equation: \( Selling Price = \$149.95 - \$22.49 = \$127.46 \).
Step 6 :\(\boxed{The selling price of the item after a 15\% discount is applied is \$127.46}\)