ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -For example, you may want to calculate the sale price of a shirt that regularly costs Rs 1, 000. If the shirt is 20% off, you must convert 20% to a decimal (20/100 = 0.2). You have Rs 1, 000 * 0.2 = Rs 200. You then subtract the discount from the original price as Rs 1, 000 – Rs 200 = Rs 800.

Detailed explanation-2: -The formula for calculating the final price and savings after a percent discount is as follows: Discounted price = Original price-(Original price x Discount(%) / 100).

Detailed explanation-3: -This is basically labelled by shopkeepers to offer a discount to the customers in such a way that, Discount = Marked Price – Selling Price. And Discount Percentage = (Discount/Marked price) x 100.

Detailed explanation-4: -Find the original price (for example $90 ) Get the the discount percentage (for example 20% ) Calculate the savings: 20% of $90 = $18. Subtract the savings from the original price to get the sale price: $90-$18 = $72. You’re all set! 29-Dec-2022

Detailed explanation-5: -Take the original price. Multiply it by the discount percentage and divide the result by 100. Subtract the result from the original price. That’s your final price. Enjoy your savings! 31-Jan-2023