What is a discount? Basically it is a reduction or decrease in the advertised price. So you pay less! So how do you calculate the discount price?
Lets have a look at an example. Say you want to buy a pair of shoes and the original price of $95 has been discounted by 10%. What is the discount price?
Method !: Calculate the discount and take it away from the original price.
So 10% of 95
= 0.1 x 95
Now 95 – 9.5 = 85.5 so the discount price is $85.50
Method 2: Workout what percentage of the original price you will have to pay and then multiply that by the original price.
So if the discount is 10% then what percentage of the original price will you pay? 100% – 10% = 90%
You will pay 90% of $95:
So 90% of $95
= 0.9 x 95
Both these methods work. One way is a little quicker than the other. So the best option for you to use is the method you like best.