Calculating the Discount Percentage

Oct 13, 2025 by magicalceylontours.com 4 views

Understanding the Problem

In this problem, we are given the marked price of an article, which is 8,200 naira. Additionally, we are told that a customer received a discount of 410 naira on the article. Our goal is to find the percentage discount that the customer received.

Calculating the Discount Percentage

To find the percentage discount, we need to first find the amount of discount that the customer received. This can be done by subtracting the discount amount from the marked price.

Step 1: Find the Amount of Discount

Marked Price	Discount Amount
8,200	410

To find the amount of discount, we subtract the discount amount from the marked price:

Amount of Discount = Marked Price - Discount Amount Amount of Discount = 8,200 - 410 Amount of Discount = 7,790

Step 2: Find the Percentage Discount

Now that we have the amount of discount, we can find the percentage discount by dividing the amount of discount by the marked price and multiplying by 100.

Percentage Discount = (Amount of Discount / Marked Price) x 100 Percentage Discount = (7,790 / 8,200) x 100 Percentage Discount = 0.95 x 100 Percentage Discount = 95%

Conclusion

Therefore, the customer received a discount of 95% on the article.

Real-World Application

In real-world scenarios, finding the percentage discount is an essential skill that can be applied in various situations, such as:

Calculating the discount on a product's price
Finding the percentage of a discount on a service
Determining the amount of discount on a bundle of products

Tips and Tricks

Here are some tips and tricks to help you find the percentage discount:

Always start by finding the amount of discount
Use the formula: Percentage Discount = (Amount of Discount / Marked Price) x 100
Make sure to multiply by 100 to get the percentage

Example Problems

Here are some example problems to help you practice finding the percentage discount:

A customer received a discount of 250 naira on an article priced at 5,000 naira. What is the percentage discount?
A product is marked at 10,000 naira, and a customer received a discount of 800 naira. What is the percentage discount?

Solution to Example Problems

A customer received a discount of 250 naira on an article priced at 5,000 naira. To find the percentage discount, we can use the formula: Percentage Discount = (Amount of Discount / Marked Price) x 100. Plugging in the values, we get: Percentage Discount = (250 / 5,000) x 100 = 5%
A product is marked at 10,000 naira, and a customer received a discount of 800 naira. To find the percentage discount, we can use the formula: Percentage Discount = (Amount of Discount / Marked Price) x 100. Plugging in the values, we get: Percentage Discount = (800 / 10,000) x 100 = 8%

Conclusion

Frequently Asked Questions

In this article, we will answer some of the most frequently asked questions related to finding the percentage discount on an article or product.

Q: What is the formula to find the percentage discount?

A: The formula to find the percentage discount is: Percentage Discount = (Amount of Discount / Marked Price) x 100.

Q: How do I find the amount of discount?

A: To find the amount of discount, you need to subtract the discount amount from the marked price.

Q: What if the discount amount is not given?

A: If the discount amount is not given, you can find it by subtracting the selling price from the marked price.

Q: Can I find the percentage discount if the marked price is not given?

A: No, you cannot find the percentage discount if the marked price is not given. The marked price is a crucial piece of information in finding the percentage discount.

Q: What if the discount is given as a percentage?

A: If the discount is given as a percentage, you can find the amount of discount by multiplying the marked price by the discount percentage.

Q: Can I find the percentage discount if the discount is given as a percentage of the selling price?

A: No, you cannot find the percentage discount if the discount is given as a percentage of the selling price. The percentage discount is calculated based on the marked price, not the selling price.

Q: How do I apply the percentage discount in real-world scenarios?

A: You can apply the percentage discount in various real-world scenarios, such as:

Calculating the discount on a product's price
Finding the percentage of a discount on a service
Determining the amount of discount on a bundle of products

Q: What are some common mistakes to avoid when finding the percentage discount?

A: Some common mistakes to avoid when finding the percentage discount include:

Not using the correct formula
Not subtracting the discount amount from the marked price
Not multiplying by 100 to get the percentage
Using the selling price instead of the marked price

Q: Can I use a calculator to find the percentage discount?

A: Yes, you can use a calculator to find the percentage discount. Simply enter the marked price, discount amount, and press the percentage button to get the answer.

Q: How do I practice finding the percentage discount?

A: You can practice finding the percentage discount by using online calculators, worksheets, or by solving problems in a textbook.

Conclusion

In conclusion, finding the percentage discount is an essential skill that can be applied in various situations. By following the steps outlined in this article and avoiding common mistakes, you can easily find the percentage discount on an article or product. Remember to always start by finding the amount of discount, and then use the formula: Percentage Discount = (Amount of Discount / Marked Price) x 100. With practice, you will become proficient in finding the percentage discount and can apply it in real-world scenarios.