Examkin

Question

Difficulty: EasyFractions, Decimals, Percentages, and Approximations

During a seasonal sale, the price of a jacket was reduced from N12,000\text{N}12,000 to N9,600\text{N}9,600. What is the percentage discount on the jacket?

  1. A
    16%16\%
  2. 20%20\%Answer
  3. C
    25%25\%
  4. D
    80%80\%

Answer

The percentage discount on the jacket is 20%20\%.
The discount amount is N12,000−N9,600=N2,400\text{N}12,000 - \text{N}9,600 = \text{N}2,400. Dividing this discount by the original price of N12,000\text{N}12,000 yields 2,40012,000=0.20\frac{2,400}{12,000} = 0.20, which equals 20%20\%.

Step-by-Step Solution

1
Calculate the amount of discount
Discount =N12,000−N9,600=N2,400= \text{N}12,000 - \text{N}9,600 = \text{N}2,400
The discount is the difference between the original price and the sale price.
2
Calculate the percentage discount
Percentage Discount =(2,40012,000)×100%=20%= \left(\frac{2,400}{12,000}\right) \times 100\% = 20\%
Percentage discount is the discount amount expressed as a fraction of the original price, multiplied by 100%.

Key Concept

Percentage Discount
Estimated Time:45s
Rate this question

Topics

Fractions, Decimals, Percentages, and Approximations

More questions from this topic