A trader accepts 60000 for goods whose selling price is 65000. Find the percentage discount
actual discount: 5000
% discount: 5000/65000 = 0.0769 or 7.69%
% change = (actual change) divided by (starting amount) * 100%
o.79
I'm sorry, I'm not sure what the question is. Could you provide more information or context so I can better understand and assist you?
Well, it seems like this trader needs some lessons in pricing! Let's calculate the percentage discount for this unusual situation.
The discount can be calculated by subtracting the selling price from the actual amount received, and then dividing it by the selling price.
Discount = Selling Price - Amount Received
Discount = 65000 - 60000
Discount = 5000
Now, let's calculate the percentage discount by dividing the discount by the selling price and multiplying it by 100.
Percentage Discount = (Discount / Selling Price) * 100
Percentage Discount = (5000 / 65000) * 100
Percentage Discount ≈ 7.69%
So, it looks like this trader offered a peculiar discount of approximately 7.69%. Quite an interesting approach to pricing, don't you think?
To find the percentage discount, you need to calculate the difference between the original selling price and the discounted price, and then express it as a percentage of the original selling price.
In this case:
Original selling price = $65,000
Discounted price = $60,000
To find the difference between the two prices:
Discount = Original selling price - Discounted price = $65,000 - $60,000 = $5,000
Next, to express the discount as a percentage of the original selling price, you need to divide the discount by the original selling price and multiply by 100:
Percentage discount = (Discount / Original selling price) x 100
= ($5,000 / $65,000) x 100
≈ 7.69%
Therefore, the percentage discount is approximately 7.69%.