Saturday, October 2, 2010

Discount and commission

 In this lesson we're going to learn discount and commission. The meaning of discount is when they drop the price from the usual price. The meaning of commission is when the salespeople who sells cars, houses, etc they get a pay from the percentage how much they sold.

 Discount is mostly shown in percentages. When you're calculating the discount price, then you have to subtract from the normal price. To find the commission, you just have to multiply the percentage from amount it's sold.


1. Our first example is "A pizza shop offers a discount of 45% on all pizzas at end of winter. How much do you have to pay for a pizza which it normally sells at $25?"

  First is we have to find the 45% of $25.
45/100 x $25 = $11.25

Second is we're going to subtract $11.25 from $25.

    $25 - $11.25 = $13.75.
Therefore the answer is $13.75.

2. Second example is " A car salesperson receives 12% commission on the amount of car he sells. In one sale, he sells a car that the price is $95000. How much commission will he get paid?"

  In this question we just have to percentage multiplied by $95000.
 During the calculation, if you want to simplify easier later, you can erase two zeroes from 100 and $95000.

12/100 x 95000 = 12/1 x 950 = $11400.

  Therefore the answer is $11400.

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