Q14.

Question

A computer supplies store is having a storewide sale this weekend. An inkjet printer that normally sells for \(179.00 is on sale for \)143.20. What is the percent discount of the sale price?

Step-by-Step Solution

Verified
Answer

The discount of the sale price is 20%.

1Step 1. State the concept of discount percent.

When the price of an article is reduced and sold it means a discount has been offered. When the price reduced is expressed as a percentage, it is called a discount percentage or the discount rate.

2Step 2. Calculate the amount discounted.

Actual price of the inkjet is $179.00.

Selling price of the inkjet on the sale is $143.20.

Discounted Amount=Actual price-Selling  price                                             =179.00-143.20=$35.80

The amount discounted is $35.80.

3Step 3. Calculate the percent discount.

The percent discount is calculated as follows:

%  discount=Discounted  AmountActual  price×100                                      (1)

Substitute discounted amount as 35.80 and actual price as 179 in equation (1) to get the percent discount.

%  discount=35.80179×100=3580179=20

Therefore, the discount of the sale price is 20%.