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Answers
Question :-
Find the discounted price of this iron.
Marked price = $12.50.
Discount = 20%.
Answer :-
- The discounted price of the iron = $10.
Given :-
- Marked price of the iron = $12.50.
- Discount given on the iron = 20%.
To find :-
- The discounted price of the iron.
Step-by-step explanation :-
The marked price of the iron = $12.50.
Discount given = 20%.
Now, to find the discount given, we have to find out how much is 20% of $12.50, because profit and loss is always calculated on the cost price.
In decimals, if the last digit is 0, then it isn't of any value, so let's remove the zero situated at the last in 12.50.
Let's proceed!
Converting 20% into fraction,
Cutting off the zeroes,
Reducing the numbers,
Since we can't reduce the numbers anymore, therefore let's multiply the remaining numbers.
Multiplying them, we get :-
Dividing 12.5 by 5, we get :-
So, the discount given on the iron is $2.5
Now, we know that :-
Discounted price = Marked price - Discount.
Marked price = $12.5
Discount = $2.5
So, let's apply this formula!
Discounted price = 12.5 - 2.5 = 10.
Thus, the discounted price of the iron = $10.
Answer:
rupees 10
is the answer