Calculating Discount Percentage

Oct 13, 2025 by talynt.org 43 views

Table 1: Sales Tax and Discounts

Product	Marked Price	Selling Price	Discount	Discussion Category
A	$100	$90	10%	Mathematics
B	$200	$180	10%	Mathematics
C	$300	$270	10%	Mathematics
D	$400	$360	10%	Mathematics
E	$500	$450	10%	Mathematics

Calculating Sales Tax

The sales tax rate is 5%. To calculate the sales tax, we need to multiply the selling price by the sales tax rate.

Formula: Sales Tax = Selling Price x Sales Tax Rate

For example, if the selling price is $90 and the sales tax rate is 5%, the sales tax would be:

$90 x 0.05 = $4.50

Calculating Total Price

The total price is the sum of the selling price and the sales tax.

Formula: Total Price = Selling Price + Sales Tax

For example, if the selling price is $90 and the sales tax is $4.50, the total price would be:

$90 + $4.50 = $94.50

Calculating Discount

The discount is the difference between the marked price and the selling price.

Formula: Discount = Marked Price - Selling Price

For example, if the marked price is $100 and the selling price is $90, the discount would be:

$100 - $90 = $10

Calculating Discount Percentage

The discount percentage is the ratio of the discount to the marked price.

Formula: Discount Percentage = (Discount / Marked Price) x 100

For example, if the discount is $10 and the marked price is $100, the discount percentage would be:

($10 / $100) x 100 = 10%

Calculating Total Discount

The total discount is the sum of the discount and the sales tax.

Formula: Total Discount = Discount + Sales Tax

For example, if the discount is $10 and the sales tax is $4.50, the total discount would be:

$10 + $4.50 = $14.50

Calculating Net Price

The net price is the total price minus the total discount.

Formula: Net Price = Total Price - Total Discount

For example, if the total price is $94.50 and the total discount is $14.50, the net price would be:

$94.50 - $14.50 = $80.00

Discussion Category: Mathematics

The discussion category is mathematics. This category includes topics such as algebra, geometry, trigonometry, and calculus.

Algebra

Algebra is a branch of mathematics that deals with the study of variables and their relationships. It involves the use of symbols, equations, and functions to solve problems.

Geometry

Geometry is a branch of mathematics that deals with the study of shapes and their properties. It involves the use of points, lines, angles, and planes to solve problems.

Trigonometry

Trigonometry is a branch of mathematics that deals with the study of triangles and their properties. It involves the use of angles, sides, and trigonometric functions to solve problems.

Calculus

Calculus is a branch of mathematics that deals with the study of rates of change and accumulation. It involves the use of limits, derivatives, and integrals to solve problems.

Conclusion

Q: What is sales tax?

A: Sales tax is a type of tax that is levied on the sale of goods and services. It is typically a percentage of the selling price of the item.

Q: How is sales tax calculated?

A: Sales tax is calculated by multiplying the selling price of the item by the sales tax rate. For example, if the selling price is $90 and the sales tax rate is 5%, the sales tax would be:

$90 x 0.05 = $4.50

Q: What is the difference between marked price and selling price?

A: The marked price is the price at which an item is listed for sale, while the selling price is the actual price at which the item is sold. The selling price may be higher or lower than the marked price, depending on the discount or promotion being offered.

Q: How is discount calculated?

A: Discount is calculated by subtracting the selling price from the marked price. For example, if the marked price is $100 and the selling price is $90, the discount would be:

$100 - $90 = $10

Q: What is discount percentage?

A: Discount percentage is the ratio of the discount to the marked price. It is calculated by dividing the discount by the marked price and multiplying by 100. For example, if the discount is $10 and the marked price is $100, the discount percentage would be:

($10 / $100) x 100 = 10%

Q: What is total discount?

A: Total discount is the sum of the discount and the sales tax. For example, if the discount is $10 and the sales tax is $4.50, the total discount would be:

$10 + $4.50 = $14.50

Q: What is net price?

A: Net price is the total price minus the total discount. For example, if the total price is $94.50 and the total discount is $14.50, the net price would be:

$94.50 - $14.50 = $80.00

Q: What is the discussion category in this context?

A: The discussion category is mathematics, which includes topics such as algebra, geometry, trigonometry, and calculus.

Q: How is algebra related to sales tax and discounts?

A: Algebra is a branch of mathematics that deals with the study of variables and their relationships. In the context of sales tax and discounts, algebra can be used to calculate the total price, discount, and net price.

Q: How is geometry related to sales tax and discounts?

A: Geometry is a branch of mathematics that deals with the study of shapes and their properties. In the context of sales tax and discounts, geometry can be used to calculate the area and perimeter of shapes, which can be related to the total price and discount.

Q: How is trigonometry related to sales tax and discounts?

A: Trigonometry is a branch of mathematics that deals with the study of triangles and their properties. In the context of sales tax and discounts, trigonometry can be used to calculate the angles and sides of triangles, which can be related to the total price and discount.

Q: How is calculus related to sales tax and discounts?

A: Calculus is a branch of mathematics that deals with the study of rates of change and accumulation. In the context of sales tax and discounts, calculus can be used to calculate the total price and discount over time.

Conclusion

In conclusion, the FAQs provided answer common questions about sales tax, discounts, and mathematics. The discussion category is mathematics, which includes topics such as algebra, geometry, trigonometry, and calculus. These topics can be related to sales tax and discounts in various ways, including calculating total price, discount, and net price.