Answer to Question #148373 in Accounting for Johan

Question

Nancy buys a pair of jeans from HJ Jeans for R175.00, the pair is discounted by 20%. What is the discount amount?

Answer 1

Sales price before discount = x

Discount= 0.2 x

Sales price after discount = 0.8 x

$If 0.8 x = 175 then x = \frac {175}{0.8} = 218.75$

Sales price before discount = 218.75

$Discount = 0.2 \times 218.75 = 43.75$

Discount amount= R 43.75