Discount: 1. Marked Price ($) Selling Price ($) Discount ($) Discount Per Cent (A) (B) (C) (D)
Discount: 1. Marked Price ($) Selling Price ($) Discount ($) Discount Per Cent (A) (B) (C) (D)
7.4 Discount
Objectives: 1. Learn the terms discount, discount per cent, marked price and selling price, and their relationship.
2. Learn how to solve problems involving discount.
Key Points
1. Discount = marked price – selling price
discount
2. Discount % 100%
marked price
Marked price ($) Selling price ($) Discount ($) Discount per cent
(a) 64 32
(b) 150 45
(c) 1120 75%
(d) 25 55
2. In a furniture store, the marked price of a bookshelf and a computer desk are $1500 and $1200
respectively. The bookshelf is sold at $1140 while the computer desk is sold at $900. Which
furniture is sold at a larger discount per cent? ~ Example 7.23
Solution
Key Points
Selling price = marked price (1 – discount %)
3. The marked price of a can of coke is $5 and it is sold at 30% off. Perry buys a dozen cans of coke.
How much should he pay? ~ Example 7.24
Solution
5x(1-30%)
=3.5
she need to pay $3.5
4. In a book store, all the books are sold at 15% off. The marked price of a story book is $200.
(a) Find the selling price of the story book.
(b) If Harry is a club member of the book store and he can buy the story book with an extra
discount of $20 for the book, what is the discount per cent now?
Solution
(a) 200 x (1-15%)
(b)
200-170-20
=170 X100%
the selling price is $170 200
=5%
the discount per cent is 5%
5. In a shop, the marked prices of a hat and a jacket are $150 and $350 respectively. Timothy buys
the hat and the jacket at discounts of 10% and 20% respectively.
(a) How much should he pay in total?
(b) Find the discount per cent on the whole transaction.
Solution
(a) (b)
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6. A shirt is sold at a discount of 24%, and the discount is $54. Find the marked price and the
selling price of the shirt. ~ Example 7.25
EYA 7. A shop owner bought a watch for $500. He wants to make a profit of 35% on the watch after
giving a discount of 25% on its marked price. ~ Example 7.26
(a) What is the selling price of the watch?
(b) The shop owner claims that the marked price of the watch should be set $400 higher than
the cost price. Do you agree? Explain your answer.
Solution
discount %
(25%)
(a) cost price marked selling
$500 price price
(b)
8. In a furniture shop, the marked price of a sofa is 30% higher than the cost price. The sofa is sold
at a discount of 25%, and the selling price is $1755.
(a) Find the marked price of the sofa.
(b) Find the cost price of the sofa.
(c) Find the profit or loss per cent made by selling the sofa.
Solution
(a)
(b)
(c)