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Earn +20 ptsQ: How do you determine the discount percentage?
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What is discount percentage?
It is the percentage by which the cost of something is reduced.
Percent discount from was 4.50 now 4.00?
Discount = 4.50 - 4.00 = 0.50 Percentage discount = 100*0.50/4.50 = 100/9 = 11.11.. %
What is simple discount?
A simple discount is taking a percentage off of the price of the item. This is done often in retail stores.
What is the benefit of a single trade discount versus a series discount?
Single trade discount is the percentage off an individual good during an individual purchase. Discount series are several discounts given at a duration in time.
What is the definition of percent of discount?
That means that there is a discount (a price reduction, compared to the "official" price), and that this reduction is calculate as a percentage of the total price.
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