2-7 Discount

Discount (or markdown) is the amount by which a regular price of an item is REDUCED!

Unlike markups, discounts will make the price go down!

Think about the sales that go on during Black Friday... those are discounts! :)

A DVD normally costs $22. This week, it is on sale for 25% off the original price. What is the sale price of the DVD?

Step 1: Find the amount that is being discounted! We do this by multiplying the original price by the decimal form of the percent!

$22 * 0.25 = $5.50

Step 2: Subtract the discounted amount from the original price!

$22 - $5.50 = $16.50 sale price!!

A boogie board that has a regular price of $69 is on sale at a 35% discount. What is the sale price with a 7% tax on the discounted price?

Step 1: Find the amount of the discount.

$69 * 0.35 = $24.15

Step 2: Subtract the discount from the regular price.

$69 - $24.15 = $44.85

Step 3: Find the tax on the discounted price and ADD it to the discounted price!

$44.85 * 0.07 = $3.14 --> $44.85 + $3.14 = $47.99 sale price!! :)