A jacket is marked at $80 and is sold for $64. What is the percentage discount?

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Question: A jacket is marked at $80 and is sold for $64. What is the percentage discount?

Options:

Correct Answer: 25%

Solution:

Discount = $80 - $64 = $16. Percentage discount = (16/80) * 100 = 20%.

A jacket is marked at $80 and is sold for $64. What is the percentage discount?

A jacket is marked at $80 and is sold for $64. What is the percentage discount?

Step 1: Identify the marked price of the jacket, which is $80.
Step 2: Identify the selling price of the jacket, which is $64.
Step 3: Calculate the discount by subtracting the selling price from the marked price: $80 - $64 = $16.
Step 4: To find the percentage discount, divide the discount amount by the marked price: 16 / 80.
Step 5: Multiply the result from Step 4 by 100 to convert it to a percentage: (16 / 80) * 100.
Step 6: Calculate the final percentage: 20%.

Percentage Calculation – Understanding how to calculate the percentage discount from the original price.
Basic Arithmetic – Performing subtraction to find the discount amount and division to find the percentage.