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Q: The Company is having a sale and is selling a 20 Rs item for 15 Rs. find the discount amount and discount percentage?
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Related questions

What is an amount deducted from the selling price during a sale?

It is called a discount, and is normally a percentage of the regular sales price.


What is the amount deducted from the selling price during a sale?

It is called a discount, and is normally a percentage of the regular sales price.


What is Selling And distribution percentage of sale?

This is the amount of the company's sales that is spent in selling and distribution efforts. To calculate, divide the selling and admin costs by the revenue and multiply the result by 100 (all figures can be found on the company balance sheet).


Are Discount points a percentage of the loan amount?

yes


What is the amount of discount if the marked price is 2500 and the percentage of discount is 16?

400


What is the difference between discount allowed and discount received and their accounting treatment?

Discount allowed is that amount which is given by our company to others while discount received is that amount which is received by our company from others.while discount allowedDebit discount allowedCredit cashwhile discount receivedDebit cashCredit discount received


How do you find the percentage of some thing you got a discount on?

you take the amount of the discount and divide it by the cost of the item, the answer will be your percentage. ex: 10.00 item with a 2.50 discount = 25%


When the discount percent is given with the amount saved how do you find the original price?

Take the amount saved, divide it by discount percentage then multiply the result by 100.


What is discount on an item?

A discount is a reduction of an item price either by a percentage or a fixed amount, resulting in net lower cost.


How do you find the original price of discounted item?

You need to know the discounted price and either the discount amount or the discount rate. If you know the discount amount: Original Price = Discounted Price + Discount If you know the Discount Rate (percentage discount ): Original Price = 100*Discounted Price / (100 - Discount Rate)


What is a discount in finance?

A discount is a reduction of the original price of an item. It can be a percentage or a fixed amount of the original figure. In finance the same principle applies.


If Sell-Mart is selling a CD for 15.99 What amount of discount will Janet receive if the CD is on sale at 20 percent off?

To find the discount multiply $15.99 by .20 (20%), which equals $3,20. Her discount is $3.20.