The discount is P 82.50.
Explanation:
Finding the Discount
The discount refers to the amount being deducted from the original price. It is determined by the rate. To find the discount, multiply the rate by the original price.
Given:
original price - P 550.00
rate - 15%
Equation:
Remember to convert the rate to decimal by dividing it by 100.
P 550.00 × 0.15 = N
Solution:
P 550.00 × 0.15 = P 82.50
Final Answer:
P 82.50