chandradahal64 chandradahal64

15-10-2018
Mathematics

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What is the rate of discount if a $20 item is sold for $16

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Dancer5363 Dancer5363

15-10-2018

formula:
[tex] \frac{l - p}{l} \times 100 = d[/tex]
L= List price
P= Price Paid
D= Discount percentage
[tex] \frac{20 - 16}{20} \times 100 = [/tex]
[tex] \frac{4}{20} \times 100[/tex]
[tex].2 \times 100 = 20[/tex]
[tex]answer \: is \: 20\%[/tex]

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