Subject: Mathematics1. A Dress Costs N120, But A Store Is Offering A 25% Discount. How Much Will The Customer Pay After The Discount?

Mar 8, 2025 by ADMIN 134 views

**Discount Calculations: A Real-Life Example**

Understanding Discounts

In everyday life, discounts are a common occurrence, especially during sales or promotions. A discount is a reduction in the original price of an item, and it's usually expressed as a percentage of the original price. In this article, we'll explore how to calculate discounts and apply them to a real-life example.

Calculating Discounts

To calculate a discount, you need to multiply the original price by the discount percentage. The formula for calculating a discount is:

Discount = Original Price x Discount Percentage

For example, if the original price of a dress is N120 and the store is offering a 25% discount, the discount amount can be calculated as follows:

Discount = N120 x 25% = N120 x 0.25 = N30

Applying the Discount

Now that we have the discount amount, we can apply it to the original price to find the final price the customer will pay. To do this, we subtract the discount amount from the original price:

Final Price = Original Price - Discount Amount = N120 - N30 = N90

Therefore, the customer will pay N90 for the dress after the discount.

Real-Life Applications

Discounts are a common occurrence in various aspects of life, including shopping, travel, and finance. Understanding how to calculate discounts can help you make informed decisions and save money. Here are a few real-life examples:

Shopping: When shopping online or in-store, discounts can be applied to the original price of an item. By calculating the discount, you can determine the final price you'll pay.
Travel: When booking flights or hotels, discounts can be applied to the original price. By calculating the discount, you can determine the final price you'll pay.
Finance: When investing in stocks or bonds, discounts can be applied to the original price. By calculating the discount, you can determine the final price you'll pay.

Conclusion

In conclusion, discounts are a common occurrence in everyday life, and understanding how to calculate them can help you make informed decisions and save money. By applying the formula for calculating discounts, you can determine the final price you'll pay for an item. Whether you're shopping, traveling, or investing, knowing how to calculate discounts can help you get the best value for your money.

Frequently Asked Questions

What is a discount? A discount is a reduction in the original price of an item, usually expressed as a percentage of the original price.
How do I calculate a discount? To calculate a discount, multiply the original price by the discount percentage.
What is the final price after applying a discount? The final price after applying a discount is the original price minus the discount amount.

Additional Resources

Discount Calculator: A discount calculator can help you calculate discounts quickly and easily.
Discount Examples: Real-life examples of discounts can help you understand how to apply discounts in different situations.
Discount Tips: Tips for getting the best discounts can help you save money and make informed decisions.

Conclusion

Final Thoughts

Discounts can be a powerful tool for saving money and making informed decisions. By understanding how to calculate discounts, you can apply them to various aspects of life, including shopping, travel, and finance. Remember to always calculate the discount amount and apply it to the original price to determine the final price you'll pay. With practice and patience, you'll become a pro at calculating discounts and getting the best value for your money.

Understanding Discounts

Discounts are a common occurrence in everyday life, and understanding how to calculate them can help you make informed decisions and save money. In this article, we'll answer some frequently asked questions about discounts and calculations.

Q: What is a discount?

A: A discount is a reduction in the original price of an item, usually expressed as a percentage of the original price.

Q: How do I calculate a discount?

A: To calculate a discount, multiply the original price by the discount percentage. The formula for calculating a discount is:

Discount = Original Price x Discount Percentage

For example, if the original price of a dress is N120 and the store is offering a 25% discount, the discount amount can be calculated as follows:

Discount = N120 x 25% = N120 x 0.25 = N30

Q: What is the final price after applying a discount?

A: The final price after applying a discount is the original price minus the discount amount.

Final Price = Original Price - Discount Amount = N120 - N30 = N90

Q: Can I apply multiple discounts to an item?

A: Yes, you can apply multiple discounts to an item, but you need to calculate the discount amount for each discount separately and then apply them to the original price.

For example, if the original price of a dress is N120 and the store is offering a 25% discount and a 10% discount, the discount amount can be calculated as follows:

Discount 1 = N120 x 25% = N120 x 0.25 = N30 Discount 2 = N120 x 10% = N120 x 0.10 = N12

Final Price = Original Price - Discount Amount 1 - Discount Amount 2 = N120 - N30 - N12 = N78

Q: Can I apply a discount to a sale price?

A: Yes, you can apply a discount to a sale price, but you need to calculate the discount amount based on the sale price, not the original price.

For example, if the sale price of a dress is N90 and the store is offering a 20% discount, the discount amount can be calculated as follows:

Discount = Sale Price x Discount Percentage = N90 x 20% = N90 x 0.20 = N18

Final Price = Sale Price - Discount Amount = N90 - N18 = N72

Q: Can I apply a discount to a bundle or a package?

A: Yes, you can apply a discount to a bundle or a package, but you need to calculate the discount amount based on the total price of the bundle or package, not the individual items.

For example, if the total price of a bundle is N300 and the store is offering a 15% discount, the discount amount can be calculated as follows:

Discount = Total Price x Discount Percentage = N300 x 15% = N300 x 0.15 = N45

Final Price = Total Price - Discount Amount = N300 - N45 = N255

Q: Can I apply a discount to a gift card?

A: Yes, you can apply a discount to a gift card, but you need to calculate the discount amount based on the balance of the gift card, not the original price.

For example, if the balance of a gift card is N100 and the store is offering a 20% discount, the discount amount can be calculated as follows:

Discount = Balance x Discount Percentage = N100 x 20% = N100 x 0.20 = N20

Final Price = Balance - Discount Amount = N100 - N20 = N80

Conclusion

Additional Resources

Discount Calculator: A discount calculator can help you calculate discounts quickly and easily.
Discount Examples: Real-life examples of discounts can help you understand how to apply discounts in different situations.
Discount Tips: Tips for getting the best discounts can help you save money and make informed decisions.