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What is the rate of discount if the tag price is 110 pesos and the amount of discount is 5.50 pesos?
Wiki User
∙ 11y ago
(the amount of discount/tag price)*100
(5.5/110)*100
= 550/110
=5 %
Or, since 10% of 110 is 11, then 5% is 5.5.
Wiki User
∙ 11y ago
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How do you find the original price of discounted item?
You need to know the discounted price and either the discount amount or the discount rate. If you know the discount amount: Original Price = Discounted Price + Discount If you know the Discount Rate (percentage discount ): Original Price = 100*Discounted Price / (100 - Discount Rate)
Difference between discount rate and interest rate?
Interest rate is the amount that is paid over and above the original loan amount. Discount rate is the amount of money that is cut or reduced from the original price.
Difference between interest rate and discount rate?
Interest rate is the amount that is paid over and above the original loan amount. Discount rate is the amount of money that is cut or reduced from the original price.
A 50 cape is on sale for 25 percent off what is the discount price?
The discount price of the 50 cape would be 37.50 dollars. This is calculated by multiplying the original price (50) by the discount rate (25%) and subtracting that amount from the original price.
What exactly is a trade discount?
When a product or item is sold to a reseller the trade discount is the amount or rate by which the retail price is reduced.It reflects the resellers profit margin.
Nominal discount rate?
A nominal discount rate doesn't take into consideration inflation and other factors. Conversely, a real discount rate would already have inflation included in the rate. The nominal rate is the amount of discount that is state, whereas, the real discount is the actual amount that will be received.
What is the original list price if the discount is W and the discount rate is W?
The original price is 100.
What is a discount?
A blind discount is defined as the difference in cost between the listed cash price for equipment and the reduced financed amount. It can also be the difference between the list price of a ca and a lower interest rate.
What is a blind discount?
A blind discount is defined as the difference in cost between the listed cash price for equipment and the reduced financed amount. It can also be the difference between the list price of a ca and a lower interest rate.
What happens to the discount and sale price if the rate of discount goes up?
The discount goes up, the sale price goes down.
Is the rate of a discount price ever written as a fraction?
No
What is amount of trade discount is represented by?
Base
