{"id":250,"date":"2022-04-12T10:00:41","date_gmt":"2022-04-12T10:00:41","guid":{"rendered":"http:\/\/7thclass.deltapublications.in\/?page_id=250"},"modified":"2025-03-24T11:17:26","modified_gmt":"2025-03-24T11:17:26","slug":"l-6-find-the-percent-discount-and-mark-up","status":"publish","type":"page","link":"https:\/\/7thclass.deltapublications.in\/index.php\/l-6-find-the-percent-discount-and-mark-up\/","title":{"rendered":"L.6 Find the percent: discount and mark-up"},"content":{"rendered":"\n

Find the percent: discount and mark-up<\/strong><\/h2>\n\n\n\n

Key notes:<\/p>\n\n\n\n

\n

percent of change = amount of change \/ original amount<\/p>\n\n\n\n

Learn with an example<\/strong><\/p>\n\n\n\n

\n
\n

\u25b6\ufe0f An entrepreneur buys some bags of marbles. Each one costs \u20b950 and resells online for \u20b962. What is the mark-up, as a percentage?<\/strong><\/p>\n<\/div><\/div>\n\n\n\n

The percent of change formula can be used to find percent of mark-up.<\/p>\n\n\n\n

percent of mark-up = selling price = purchase price \/ purchase price<\/p>\n\n\n\n

Plug \u20b950 and \u20b962 into the formula and simplify.<\/p>\n\n\n\n

percent of mark-up = selling price = purchase price \/ purchase price<\/p>\n\n\n\n

= \u20b962 – \u20b950 \/ \u20b950<\/p>\n\n\n\n

= \u20b912 \/ \u20b950<\/p>\n\n\n\n

= 0.24<\/p>\n\n\n\n

Write the number as a percent.<\/p>\n\n\n\n

0.24 \u2192 24%<\/p>\n\n\n\n

The percent of mark-up is 24%.<\/p>\n<\/div><\/div>\n\n\n\n

\n
\n

\u25b6\ufe0f Lexi, the owner of an e-commerce site, buys shovels for \u20b9300 and then sells them on her site for \u20b9861. What is the mark-up, as a percentage?<\/strong><\/p>\n<\/div><\/div>\n\n\n\n

The percent of change formula can be used to find percent of mark-up.<\/p>\n\n\n\n

percent of mark-up = selling price = purchase price \/ purchase price<\/p>\n\n\n\n

Plug \u20b9300 and \u20b9861 into the formula and simplify.<\/p>\n\n\n\n

percent of mark-up = selling price = purchase price \/ purchase price<\/p>\n\n\n\n

= \u20b9861 \u2212 \u20b9300 \/ \u20b9300<\/p>\n\n\n\n

= \u20b9561 \/ \u20b9300<\/p>\n\n\n\n

= 1.87<\/p>\n\n\n\n

Write the number as a percent.<\/p>\n\n\n\n

1.87 \u2192 187%<\/p>\n\n\n\n

The percent of mark-up is 187%.<\/p>\n<\/div><\/div>\n\n\n\n

\n
\n

\u25b6\ufe0f A store manager decides to clear out fishing poles to make room for new inventory. Now a \u20b9850 fishing pole will be on sale for only \u20b9442. What percentage is the discount?<\/strong><\/p>\n<\/div><\/div>\n\n\n\n

The percent of change formula can be used to find percent of discount.<\/p>\n\n\n\n

percent of discount = original price \u2212 discount price \/ original price<\/p>\n\n\n\n

Plug \u20b9850 and \u20b9442 into the formula and simplify.<\/p>\n\n\n\n

percent of discount = original price \u2212 discount price \/ original price<\/p>\n\n\n\n

= \u20b9850 \u2212 \u20b9442 \/ \u20b9850<\/p>\n\n\n\n

= \u20b9408 \/ \u20b9850<\/p>\n\n\n\n

= 0.48<\/p>\n\n\n\n

Write the number as a percent.<\/p>\n\n\n\n

0.48 \u2192 48%<\/p>\n\n\n\n

The percentage of discount is 48%.<\/p>\n<\/div><\/div>\n\n\n\n

Let’s practice! \ud83d\udd8a\ufe0f<\/p>\n<\/div><\/div>\n\n\n\n

\n
\n
\"\"<\/a><\/figure>\n<\/div>\n\n\n\n
\n
\"\"<\/a><\/figure>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Find the percent: discount and mark-up Key notes: percent of change = amount of change \/ original amount Learn with an example \u25b6\ufe0f An entrepreneur buys some bags of marbles. Each one costs \u20b950 and resells online for \u20b962. What is the mark-up, as a percentage? The percent of change formula can be used toContinue reading “L.6 Find the percent: discount and mark-up”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-250","page","type-page","status-publish","hentry","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/7thclass.deltapublications.in\/index.php\/wp-json\/wp\/v2\/pages\/250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/7thclass.deltapublications.in\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/7thclass.deltapublications.in\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/7thclass.deltapublications.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/7thclass.deltapublications.in\/index.php\/wp-json\/wp\/v2\/comments?post=250"}],"version-history":[{"count":12,"href":"https:\/\/7thclass.deltapublications.in\/index.php\/wp-json\/wp\/v2\/pages\/250\/revisions"}],"predecessor-version":[{"id":15873,"href":"https:\/\/7thclass.deltapublications.in\/index.php\/wp-json\/wp\/v2\/pages\/250\/revisions\/15873"}],"wp:attachment":[{"href":"https:\/\/7thclass.deltapublications.in\/index.php\/wp-json\/wp\/v2\/media?parent=250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}