basic mathematics image
 basic mathematics image

Price discount



Price 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







Page copy protected against web site content infringement by Copyscape










[?] Subscribe To
This Site

XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Add to Newsgator
Subscribe with Bloglines





 
Copyright © 2008. Basic-mathematics.com. All right reserved