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pychu [463]
3 years ago
9

Write the formula for finding rate of discount after discount amount and marked price are given.​

Mathematics
1 answer:
Anna71 [15]3 years ago
6 0

Answer:

Discount % = (Discount/List Price) × 100

Step-by-step explanation:

To calculate the discount, you must have the list price (marked price) and the selling price of the product you are buying.

Example: If the list price of a book is $50, and $10 discount is offered on the book, then the discount percentage is calculated as follows.

Discount % = (Discount/List Price) × 100

List price = $50; discount = $10

Discount (%) = (10/50) × 100

= 100/5

= 20%

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