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A home theater system is marked down from $3999 to $3180. What is the discount, and what is the rate of discount? (Round to the nearest 0.1%)

2 Answers

5 votes

Answer:819,20.48 %

Explanation:

Initial price=3999

Final price=3180

Discount is given by

=initial price - Final price

=3999-3180=819

Rate of interest is given by
(initial -final )/(initial )

=
(3999-3180)/(3999)=0.2048

i.e.
20.48 \%

User Nefertiti
by
6.0k points
1 vote

Answer: The required discount is $819 and the rate of discount is 20.48%.

Step-by-step explanation: Given that a home theater system is marked down from $3999 to $3180.

We are to find the discount and the rate of discount.

The discount will be given by actual price minus the marked price.

We have

Actual price = $ 3999 and marked price = $3180.

So, the discount is given by


\textup{Discount}=\$(3999-3180)=\$819

And the rate of discount is


\textup{Rate of discount}=(819)/(3999)*100\%=20.48\%

Thus, the required discount is $819 and the rate of discount is 20.48%.

User Oliverbj
by
5.4k points