Direct proportion applicable to discount
If the ‘Aadi’ month (4th
Tamil month) starts, it means that the discount season has started. This is why
they call the discount as 'Aadi discount'.
Shoppers tell us how
much discount they give in percentage. Even those who have never heard of the
word percentage will be heard this ‘Aadi’ month.
The reason I say this
is to show how important percentage is and that there are discount percentage
calculations.
Since we can do
percentage calculations easily using direct proportion, we can also do discount
calculations involving percentage easily using direct proportion.
Let's see how. Before
that, let's know a few things.
If a product is offered
at a discount, it is sold at a discount from that price.
They would have even
marked that price on the label with a ‘×’ mark, right? That price is the marked
price. Below that is a discounted price, which is the sale price.
If we relate marked
price to a percentage, it is 100 percent. From this they will discount 10
percent, 15 percent, 50 percent.
For example 10 percent
discount means if 10 percent is subtracted from 100 percent then that is percentage
related to the selling price!
So to relate the
selling price to the percentage, we need to subtract the discount percentage
from 100!
That's all we need to
know.
Now let's look at a
calculation related to discounts.
A saree is sold at Rs.
940 at 6% discount. What is the selling price of that saree?
How to find answer for
this calculation? Don’t afraid as we to have direct proportion.
Whether you are
calculating directly, or tabulating. I leave it up your choice.
Shall we first tabulate
it for everyone's understanding?
Price |
x |
940 |
Percentage |
100 |
94 |
Since we
don't know the marked price in this table, we keep it as x. Yes, that's what we
need to find out in this calculation. As the percentage of marked price is 100
we have marked 100 below it.
Selling Price Rs. 940
has been given for so we have noted it as such. Shouldn't you want a rate
percentage for that! It is 100 – 6 = 94 as the discount percentage is
subtracted from 100 as a percentage of the marked price.
You mean we know all
this? However, it is better to give an explanation!
Now all that is
required is to equate the ratios and cross multiply to find the answer i.e. the
value of x.
x / 100 = 940 / 94
94x = 940 × 100
94x = 94000
x = 94000 / 100
x = 1000
So the marked price is
Rs. 1000.
Find out what is the
selling price if the marked price of the saree is Rs. 1000 at 6% discount.
Also, assuming that the
selling price is not known, If the marked price of saree is Rs.1000 and is sold
at a discount of 6%, find out the selling price and check whether the selling
price is correct.
Don't be angry that you
have started giving us calculations as homework these days. Mathematics is
practice. Only by practicing a lot of calculations will you become a good
Mathematical student. That's what it's for.
What do we see next?
How to do tax related calculations
using direct proportion.
Be prepared to learn it
next.
*****
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