The old price of a box is 300 naira if there is an increment of 500 naira find the percentage discount
To find the percentage discount, we need to calculate the difference between the old price and the new price and then express it as a percentage of the old price.
The new price of the box is the old price plus the increment:
New Price = Old Price + Increment
New Price = 300 naira + 500 naira
New Price = 800 naira
The discount is the difference between the old price and the new price:
Discount = Old Price - New Price
Discount = 300 naira - 800 naira
Discount = -500 naira
To express this discount as a percentage of the old price:
Percentage Discount = (Discount/Old Price) * 100
Percentage Discount = (-500 naira / 300 naira) * 100
Percentage Discount = -166.67%
Note: The percentage discount is negative because the new price is higher than the old price.
To find the percentage discount, you need to calculate the difference between the old price and the new price, and then express that as a percentage of the old price.
Given:
Old price = 300 naira
Increment = 500 naira
Step 1: Calculate the new price.
New price = Old price + Increment
New price = 300 + 500
New price = 800 naira
Step 2: Calculate the discount amount.
Discount amount = Old price - New price
Discount amount = 300 - 800
Discount amount = -500 naira
Step 3: Calculate the percentage discount.
Percentage discount = (Discount amount / Old price) x 100
Percentage discount = (-500 / 300) x 100
Percentage discount = - 166.67%
Please note that in this case, the percentage discount is negative because the new price is higher than the old price.
To calculate the percentage discount, we'll need to find the difference between the old price and the new price, and then express it as a percentage of the old price.
Step 1: Calculate the new price
The old price of the box is given as 300 naira. If there is an increment of 500 naira, we can calculate the new price by adding the increment to the old price.
New price = old price + increment
New price = 300 naira + 500 naira
New price = 800 naira
Step 2: Calculate the difference between the old price and the new price
To find the discount, we need to calculate the difference between the old price (300 naira) and the new price (800 naira).
Difference = New price - Old price
Difference = 800 naira - 300 naira
Difference = 500 naira
Step 3: Calculate the percentage discount
To express the difference as a percentage of the old price, we can use the following formula:
Percentage discount = (Difference / Old price) * 100
Plugging in the values:
Percentage discount = (500 naira / 300 naira) * 100
Percentage discount = 166.67%
Therefore, the percentage discount is approximately 166.67%.