Finding the sale price given the original price and percent discount

Stores often sell goods for a discounted price. Typically, a store will discount an item by a percent of the original price. To solve this problem, we need a procedure which is given by following rules.

Rules for finding the sale price given the original price and percent discount

• At first, we consider the original price and discount rate.

• The rate is usually given as a percent.

• To find the discount, multiply the rate by the original price.

• To find the sale price, subtract the discount from original price

A shirt is put on sale for 30% off the regular price. If the regular price is $50

what is the sale price?

Solution

Step 1:

Original price = $50

Discount percent = 30% off $50;

Discount = $\frac{30}{100} × 50 =$ $15

Step 2:

Sale price = Original price – Discount = $50 − $15 = $35

A dinner set was marked $480 and a discount of 18% was offered on its marked price. Find the sale price of the dinner set.

Solution

Step 1:

Marked price of dinner set = $480

Discount = 18% of $480 = 0.18 × 480 = $86.40

Step 2:

Sale price of dinner set = $480 – $86.40 = $393.60