A laptop is marked at $1000. If it is sold for $800, what is the total percentag

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Question: A laptop is marked at $1000. If it is sold for $800, what is the total percentage discount?

Options:

Correct Answer: 25%

Solution:

Discount = Marked Price - Selling Price = 1000 - 800 = $200. Percentage Discount = (200/1000) * 100 = 20%.

A laptop is marked at $1000. If it is sold for $800, what is the total percentage discount?

A laptop is marked at $1000. If it is sold for $800, what is the total percentage discount?

Step 1: Identify the marked price of the laptop, which is $1000.
Step 2: Identify the selling price of the laptop, which is $800.
Step 3: Calculate the discount amount by subtracting the selling price from the marked price: $1000 - $800 = $200.
Step 4: To find the percentage discount, divide the discount amount by the marked price: $200 / $1000.
Step 5: Multiply the result from Step 4 by 100 to convert it to a percentage: (200 / 1000) * 100.
Step 6: The final result is 20%, which is the total percentage discount.

Discount Calculation – Understanding how to calculate the discount amount and the percentage discount based on marked and selling prices.
Percentage Calculation – Applying the formula for percentage to find the discount percentage from the discount amount.