Discount is a condition in which the price of a bond becomes lower than its face value. Then the discount becomes equal to the actual cost at which it is bought from the difference between the par value and the profit.

Discounting is a form of either reduction or deduction in the cost price of a particular product. This normally occurs in consumer-to-consumer transactions whereby various discounts are offered to the consumers on different products. The discount rate is generally expressed as a percentage.

Therefore

Discount percentage formula=

Solved example:

Q1: Original price 80rs

Sale price 60rs

Solution:

Discount Amount=Original Price−Sale Price

=80−60

=20

Use the discount percentage formuhttps://www.orchidsinternationalschool.com/math-formula/derivative-formulala:

So, the discount percentage is 25%.

Other Related Sections

NCERT Solutions | Sample Papers | CBSE SYLLABUS| Calculators | Converters | Stories For Kids | Poems for Kids| Learning Concepts | Practice Worksheets | Formulas | Blogs | Parent Resource