A trader allows a discount of 15%on all goods which cost more than 10 naira. How much discount would he give on something costing 60 naira?
To calculate the discount, we need to find 15% of 60 naira.
First, convert 15% to decimal form: 15% = 15/100 = 0.15
Then multiply 0.15 by 60:
0.15 * 60 = 9
Therefore, the trader would give a discount of 9 naira on something costing 60 naira.
To find out how much discount the trader would give on an item costing 60 naira, we need to first check if the item meets the criteria for a discount.
The given condition states that the trader allows a discount of 15% on all goods that cost more than 10 naira. Since 60 naira is more than 10 naira, the item qualifies for a discount.
Now, to calculate the discount amount:
1. Determine the discount percentage: The given discount is 15%.
2. Calculate the discount amount: Multiply the cost of the item by the discount percentage.
Discount amount = 60 naira * 15% = (60 * 15) / 100 = 9 naira.
Therefore, the trader would give a discount of 9 naira on an item costing 60 naira.
To calculate the discount, we need to determine if the cost of the item is more than 10 naira. In this case, the cost of the item (60 naira) is more than 10 naira.
The trader offers a discount of 15% on items that cost more than 10 naira.
To calculate the discount amount, we can multiply the cost of the item by the discount rate.
Discount = Cost of item × Discount rate
Discount = 60 naira × 15%
First, we convert the discount rate from a percentage to a decimal by dividing it by 100:
Discount rate = 15% ÷ 100 = 0.15
Now we can calculate the discount:
Discount = 60 naira × 0.15
Discount = 9 naira
Therefore, the trader would give a discount of 9 naira on an item costing 60 naira.