DISCOUNTS
Objectives:
● what is discount
● Discount formula
● How to solve discount
DISCOUNTS
● These are promotions that businesses offer to their customers/that reduce the
cost of items or services, often by a percentage (%) or using specific criteria.
FORMULA
- Discount = marked price or list price - selling price
- Discount(%) = (discount/mp) x 100
EXAMPLES:
1. The marked price of a water cooler is $4,650. the shopkeeper offers an off-
season discount of 18% on it. solve for the discount and discount(%)
SOLUTION:
to get the discount:
● 4,650 x 0.18(18/100= 0.18) = 837
● 4,650 - 837 = 3,813
● 4,650 - 3,813 = 837
Objectives:
● what is discount
● Discount formula
● How to solve discount
DISCOUNTS
● These are promotions that businesses offer to their customers/that reduce the
cost of items or services, often by a percentage (%) or using specific criteria.
FORMULA
- Discount = marked price or list price - selling price
- Discount(%) = (discount/mp) x 100
EXAMPLES:
1. The marked price of a water cooler is $4,650. the shopkeeper offers an off-
season discount of 18% on it. solve for the discount and discount(%)
SOLUTION:
to get the discount:
● 4,650 x 0.18(18/100= 0.18) = 837
● 4,650 - 837 = 3,813
● 4,650 - 3,813 = 837
