Could you please clarify for me how one would calculate the final price of an item that originally costs $100, but is currently being offered with a 20% discount? I'm trying to understand the mathematical process involved in determining the discounted amount, and how it ultimately affects the total cost of the item. Could you break it down for me, step by step, so that I can better grasp the concept?
5 answers
Tommaso
Thu Aug 15 2024
When calculating discounts, understanding the process is crucial. For instance, if you wish to determine the final amount after a 20% discount on 100, a straightforward approach is needed.
ChristopherWilson
Wed Aug 14 2024
The basic concept involves subtracting the discount percentage from the original amount. In this case, 20% of 100 needs to be determined and then subtracted from 100.
DigitalLegendGuard
Wed Aug 14 2024
To find 20% of 100, you multiply 20 by 1 (since percentages are based on 100) and then divide by 100. This calculation results in 0.2, which you then multiply by 100 to get 20.
EthereumEmpress
Wed Aug 14 2024
With the discount amount calculated as 20, you now subtract this from the original amount of 100. Thus, 100 minus 20 equals 80.
Tommaso
Wed Aug 14 2024
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