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A discount of 10% is given on a product that costs $500. If the product is then sold for $450, what is the actual discount given?

Practice Questions

1 question
Q1
A discount of 10% is given on a product that costs $500. If the product is then sold for $450, what is the actual discount given?
  1. $50
  2. $45
  3. $40
  4. $55

Questions & Step-by-step Solutions

1 item
Q
Q: A discount of 10% is given on a product that costs $500. If the product is then sold for $450, what is the actual discount given?
Solution: Actual Discount = Marked Price - Selling Price = 500 - 450 = $50.
Steps: 0

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