Question

# Explain how to find the discounted amount they will offer their customers. What is the discounted amount?

Solution

Verified

Exercise 5:

• When you buy an item on sale, the original price of the item has been reduced by some dollar amount. The discount rate, usually given as a percent, is used to determine the amount of the discount. To determine the amount of discount, we multiply the discount rate by the original price.

• An amount of discount is a percent off the original price. $\\$ amount of discount = discount rate x original price sales price = original price - discount

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