Question

A supermarket marks down the price of a three dollar loaf of bread by 15%. What is the discount in the new price of the loaf of bread

Answer 1

Answer:

$0.45

Step-by-step explanation:

Given: Original cost price of a Bread loaf= $3

           Discount percent= 15%

Now, finding the discount amount in the price of bread loaf.

Discounted amount = $Discount\ rate \times cost\ price$

⇒ Discounted amount= $\frac{15}{100} \times 3$

⇒Discounted amount= $\frac{45}{100}$

∴ Discounted amount= $0.45

Hence, $0.45 is the discount amount in the new price of the loaf of bread.