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.
Example 1 :
A bicycle marked at $1500 is sold for $1350. What is the percentage of discount?
Given : Marked Price = $1500, Selling Price = $1350
Amount of discount = Marked Price – Selling Price
= 1500 – 1350
Discount for $1500 = $150
Percent of discount = (150/1500) ⋅ 100
= (1/10) ⋅ 100
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?
Given : List (Marked) Price of the frock = $220,
Rate of discount = 20%
Amount of discount = (20/100) ⋅ 220
Selling Price of the frock = Marked Price – Discount
= 220 – 44
Example 3 :
A toy is on sale for 40% off. If the original price was $40, what is the new sales price?
Marked price = $40
Discount percent = 40%
Discount amount = 40% of 40
= (40/100) ⋅ 40
By subtracting the discount amount from marked price, we may get the sale price.
Sale price = 40 - 16
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?
Discount amount = $25
Original price of the sneaker = $ 125
= (Amount of discount / Original price) ⋅ 100
= (25/125) ⋅ 100
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?
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
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.
Apart from the stuff given in this section, if you need any other stuff in math, please use our google custom search here.
You can also visit our following web pages on different stuff in math.
APTITUDE TESTS ONLINE
ACT MATH ONLINE TEST
TRANSFORMATIONS OF FUNCTIONS
ORDER OF OPERATIONS
Nature of the roots of a quadratic equation worksheets
MATH FOR KIDS
Converting repeating decimals in to fractions