Question

Find the amount of discount when the original price is $65.00 and the discount rate is 5%.

Answer 1

Given:

original price = $65.00

discount rate = 5%

The amount of discount can be found by multiplying the discount rate by the original price. Hence:

$\text{Discount Amount = original price }\times\text{ discount rate}$

Substituting the given values into the formula above:

$\begin{gathered} \text{Discount Amount = 65}\times\text{ 5\%} \\ =\text{ 65 }\times\text{ }\frac{5}{100} \\ =\text{ \ 3.25} \end{gathered}$

Answer:

Discount amount = $3.25