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Discount Calculation Techniques and Applications in Sales

Learn how to calculate discounts and their applications in sales, with examples and formulas for calculating marked price, selling price, and discount amounts.

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Discount Calculation Techniques and Applications in Sales

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  1. Find discount

  2. Recap If Marked Price and Discount is given Selling Price can be calculated as follows Selling Price(SP) = Marked Price (MP) – Discount(D) If Selling Price and Discount is given Marked Price can be calculated as follows Marked Price (MP) = Selling Price(SP) + Discount(D) If Marked Price and Selling Price is given Discount can be calculated as follows Discount(D) = Marked Price (MP) – Selling Price(SP)

  3. Application of Discounts During festival seasons and in the Tamil month of ‘‘Aadi’’, discounts or rebates of 10%, 20%, 30%, etc., are offered to attract customers by Cooptex, Khadi and other shops for various items to promote sales.

  4. Example1: - Find the discount, discount percent, selling price and the marked price. Amount of discount (D) Rate of discount S.P M.P Rs 2,300 20% Rs 460 Rs 1860 Selling price (S.P) = Marked price(M.P) – Discount(D) = 2300 – 460 = Rs 1860 Ans: Amount of Discount(D) = Rs 460 , Selling price (S.P) = Rs 1,860

  5. Example2: - Find the discount, discount percent, selling price and the marked price. Amount of discount (D) Rate of discount S.P M.P Rs 140 Rs 105 25% Rs 35 Discount(D) = Marked Price (M.P) – Selling Price(S.P) = 140 – 105 = Rs 35 Ans: Rate of Discount = Rs 460 , Amount of Discount(D) = Rs 35

  6. Example3: - Find the discount, discount percent, selling price and the marked price. Amount of discount (D) Rate of discount S.P M.P Rs 20000 20% Rs 4000 Rs 16,000 Selling price (S.P) = Marked price(M.P) – Discount(D) = 20000 – 4000 = Rs 16,000 Ans: Amount of Discount(D) = Rs 4,000 , Selling price (S.P) = Rs 16,000

  7. Example4: - Find the discount, discount percent, selling price and the marked price. Amount of discount (D) Rate of discount S.P M.P Rs 3224 12% Rs 386.88 Rs 2837.12 Selling price (S.P) = Marked price(M.P) – Discount(D) = 3224 – 386.88 = Rs 2837.12 Ans: Amount of Discount(D) = Rs 386.88 , Selling price (S.P) = Rs 2837.12

  8. Try these Amount of discount (D) Rate of discount S.P M.P Find the discount, discount percent, selling price and the marked price. Rs 3500 20% Rs 1200 Rs 1000

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