Question

Larry and Donna bought a sofa at the sale price of $1,344. The original price of the sofa was $1,920.Find the amount of discount in dollars.Find the percent discount rate

Answer 1

Given,

The selling price of the sofa is $1344,

The marked price of the sofa is $1920.

Required

The discount and discount percent.

The discount is calculated as,

`\begin{gathered} Discount\text{ = marked price - selling price} \\ =1920-1344 \\ =576 \end{gathered}`

The discount % is calculated as,

`\begin{gathered} Percentage\text{ =}\frac{discount}{marked\text{ price}}*100 \\ =(576)/(1920)*100 \\ =30 \end{gathered}`

Hence, the discount percentage is 30%.