Question

John bought a shirt at ksh 500 and marked it at Ksh 600. A customer bought it at ksh 550. What was the percentage discount?

Answer 1

The original price of the shirt was Ksh 500 and it was sold for Ksh 550.

The discount is the difference between the original price and the selling price, which is Ksh 500 - Ksh 550 = Ksh -50.

To find the percentage discount, we can use the formula:

percentage discount = (discount ÷ original price) × 100%

percentage discount = (-50 ÷ 500) × 100%

percentage discount = -10%

Therefore, the percentage discount is 10%.