Question

What is the rate of discount if a car which cost $4,000 is sold for $3,200

Answer 1

Dear Student,

● Answer -

Rate of discount = 20 %

● Explaination -

# Given -

Cost price = $ 4000

Selling price = $ 3200

# Solution -

Discount is calculated by -

Discount = Cost price - Selling price

Discount = 4000 - 3200

Discount = $ 800

Rate of discount is calculated by -

Rate of discount = 100 × discount / cost price

Rate of discount = 100 × 800 / 4000

Rate of discount = 20 %

Therefore, rate of discount of car is 20%.

Thanks dear. Hope this helps you ...

Answer 2

Answer:

Step-by-step explanation:

20