DISCOUNT

What is Discount?
Discounts is usually associated with sales. When stores
have sale they often reduce prices. The amount by which
the original price is reduced is called the discount.
Discounts are used for various purposes including
stimulation of sales.
Example 1
A jump rope has been marked 10% discount on $1600:
Find the:
a) Actual discount
b) Sale price of the jump rope
Discount= 10% of marked price Sale Price= marked price – actual discount
= x $1600 =$(1600 – 160)
= $160 =$ 1440
The actual discount is $160 Actual sale price = $1440 or 90%
 Percent Discount = x 100
= x 100
Example 2 =25%

The rate of discount is 25%.

An article is marked down from $1800 to $1350.

Calculate the rate of the discount.

Actual Discount= original price – sale price

=$1800 - $1350
=$450
 The sales price = original price – discount
= $3500 - $700
Example 3 =$2800

Tom bought a pair of shoes at 20% discount. If he

saved $700,calculate:
a) Original price of the pair of shoes
b) The sale price of the pair of shoes
b) Let $ represent the original price for the pairs of
shoes.
Then 20% of $x = $700
x X =$700
X = $700 x
= $3500
The original price of the pair of shoes of $3500.
Example 4
The price of an article is increased by 10% and then reduced by 20%. If the
final price is $220, calculate the original price of the article.
Let $X represent the original price of the article, then the price after 10%
increase = 110% of X
= x X
After 20% decrease the price= 80%
So 80% of =$220 x = $()
x x X =220 =$250
x = 220 The original price is $250.
Worksheet Time