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Price discountPrice discount occurs when items are sold at a reduced cost. Find out now how you can compute the discount Terms to know: List price: Regular price of an item. Discount: A reduction made from the regular price Sale price: The reduced cost of an item Discount rate: Percent that the price is reduced. To find a sale price, use the following formulas: Sale price = List Price -Discount Discount = (List Price) × (Discount Rate) Exercise # 1: Find the sale price for an item that has a list price of 100 dollars and a discount rate of 25 % Discount = 100 × 25% = 100 × 0.25 = 25 Sale price = List Price - Discount Price = 100 - 25 = 75 dollars. Exercise # 2: Find the sale price of an item that has a list price is 24 dollars and a discount rate of 50 % Discount = 24 × 50% = 24 × 0.50 = 12 Sale Price = List Price - Discount = 24 − 12 = 12 dollars. Fun math game: Solve math problems and eat the mathman
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