Discount is the amount deducted from the usual price/cost of something. It’s usually stated as a percentage off of the original price.
Given the original price of something and the percentage discount(discount rate), we can calculate the discount amount.
There’s a 20% discount on a bottle of wine that normally retails for KSh 1000/= at Carrefour Supermarket chains. What is the discount amount?
Since we have the original price (Ksh 1000) and the discount rate(discount as a percentage), we can easily calculate the discount amount in Shillings. This easily tell you how much you’ll be saving and how much you’ll actually pay for the bottle of wine!
Discount = (Original Price) x (Discount Rate)
Calculate The discount
Therefore Ksh 200 is the discount amount. That means you’ll pay Ksh 200 less of the original amount. (1000-200 = 800)