**How to get percent of discount ?**

Here we are going to see how to find percent of discount.

**What is discount ?**

Discount is the reduction in value on the Marked Price or List Price of the article.

**List price (or) Marked price :**

The normal price attached to the article before the discount made is called as marked price (or) list price of the article.

**Discount percent :**

**Discount amount :**

**Example 1 :**

A bicycle marked at $1500 is sold for $1350. What is the percentage of discount?

**Solution :**

Given : Marked Price = $1500, Selling Price = $1350

Amount of discount = Marked Price – Selling Price

= 1500 – 1350

= $150

Discount for $1500 = $150

Percent of discount = (150/1500) ⋅ 100

= (1/10) ⋅ 100

= 10%

Percentage of discount = 10%.

**Example 2 :**

The list price of a frock is $220. A discount of 20% on sales is announced. What is the amount of discount on it and its selling price?

**Solution :**

Given : List (Marked) Price of the frock = $220,

Rate of discount = 20%

Amount of discount = (20/100) ⋅ 220

= $44

Selling Price of the frock = Marked Price – Discount

= 220 – 44

= $176

**Example 3 :**

A toy is on sale for 40% off. If the original price was $40, what is the new sales price?

**Solution :**

Marked price = $40

Discount percent = 40%

Discount amount = 40% of 40

= (40/100) ⋅ 40

= 16

By subtracting the discount amount from marked price, we may get the sale price.

Sale price = 40 - 16

= $24

**Example 4 :**

After serious negotiating you got $25 discount on a pair of sneakers. If the original price of the sneakers was $125, what percentage discount did you get?

**Solution :**

Discount amount = $25

Original price of the sneaker = $ 125

Discount percent

= (Amount of discount / Original price) ⋅ 100

= (25/125) ⋅ 100

= 20%

Hence the percent of discount we get is 20%.

**Example 5 :**

If you buy 2 pens you get a 50% discount on the second pen. If 1 pen costs $2.30, how much will 2 pens cost you?

**Solution :**

Cost of 1 pen = $2.30

Discount for the second pen = 50%

Discount amount for the second pen = 50% of 2.30

= (50/100) ⋅ 2.30

= 1.15

Cost price of 2 pens = 2.30 + 1.15

= $ 3.45

After having gone through the stuff given above, we hope that the students would have understood, how to find percent of discount.

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