Learning Task 2: Read the following problems then solve. Write your answer in
your notebook.
1) A red dress priced at $550.00 is marked 15% off. How much will be the
discount.
2) Mr. Edwin Lazo paid P13,599.15 for a television set that originally costs
215,999.00. What is the rate of discount?
3) A wristwatch that regularly sells at P1,580.00 is on sale at 30% off. What is
the sale price?
4 The sales tax on a $25,400 sala set is 23,048. What is the rate of sales tax?
5) A doll was sold for P2,460 with an 18% discount. What was the original price
of the doll?
6) How much money did Mr. Deo Lagario deposit to his bank account if at the
end of a year, it earned an interest of 2413.00 at 3.5 interest rate?
7) Mrs. Melanie Lazo pays $15.75 for each hair clip to its supplier. She decided
to adds markup of $3.15. What is the markup rate?
8) Mrs. Irene Lazo, owner of clothing store pays P200.00 for P.E. set uniforms
to its supplier. The store's percent of markup is 75%. Find its selling price.
9 Mr. Sonny Lazo is a real estate agent. He sold a lot for P1,580,000. If his
agency pays him a 15% commission, how much will he receive?
10) Mrs. Conchita borrowed P20,000.00 at 3.5 interest for 1 year. What was the
total amount he paid at the end of the 1-year term?
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Answers & Comments
Verified answer
Discount and Interest
To solve word problems involving discount and interest, identify the given facts. Analyze the given facts if it is the original price or the selling price. Remember that it is the rate that contains the "%" sign. Remember to subtract when discounts are given and to add when marks up are made. Study carefully the exercises below in order not to be confused with discounts and mark ups.
Learning Task 2:
Answers:
Solutions:
1. Given: $550.00 - selling price of the dress
15% - discount rate
Asked: The discount that should be deducted from the selling price.
Operation: multiplication
Number Sentence: $550.00 x .15 = N
Answer: $550.00 x .15 = N
550.00
x .15
275000
55000
82.5000
Therefore, there will be $82.50 off from the price of the dress.
2. Given: P 13,599.15 - amount paid by Mr. Lazo for the television set
P 15,999.00 - original price of the television set
Asked: The discount rate.
Operation: subtraction, division
Number Sentence: P 15,999.00 - P 13,599.15 ÷ P 15,999.00 = N
Answer: P 15,999.00 - P 13,599.15 ÷ P 15,999.00 = N
P 15999.00
- P 13,599.15
P 2399.85
P 2399.85 ÷ P 15999.00 = n
0.15 = n
Therefore, the television set was given 15% discount.
3. Given: P 1,580.00 - regular price of the wrist watch
30% - rate of the discount
Asked: The selling price of the wrist watch.
Operation: multiplication
Number Sentence: P 1,580.00 x 30% = N
Answer: P 1,580.00 x 30% = N
P 1,580.00 x .30 = N
P 474 = N
P 1,580.00 - P 474 = n
P 1106 = n
Therefore, the selling price of the wrist watch is P 1106.
4. Given: $25,400 - price of the sala set
$3,048 - sales tax
Asked: The rate of sales tax.
Operation: division
Number Sentence: $3048 ÷ $25,400 = N
Answer: $3048 ÷ $25,400 = N
0.12 = N
Therefore, the rate of sales tax is 12%.
5. Given: P 2460 - selling price of the doll
18% - rate of the discount
Asked: The original price of the doll.
Operation: multiplication, division
Number Sentence: N - 18% of N = P 2460
Answer: N - 18% of N = 2460
N - .18N = 2460
.82N = 2460
N = P 3000
Therefore, the original price of the doll is P 3000.
6. Given: Php 413 - interest of Mr. Lagario's money
3.5 % - interest rate
Asked: The money deposited by Mr. Lagario on the bank.
Operation: multiplication
Number Sentence: Principal =![\frac{Interest}{Rate} \frac{Interest}{Rate}](https://tex.z-dn.net/?f=%5Cfrac%7BInterest%7D%7BRate%7D)
Answer: Principal =![\frac{Interest}{Rate} \frac{Interest}{Rate}](https://tex.z-dn.net/?f=%5Cfrac%7BInterest%7D%7BRate%7D)
Principal =![\frac{413}{.035} \frac{413}{.035}](https://tex.z-dn.net/?f=%5Cfrac%7B413%7D%7B.035%7D)
Principal = 11800
Therefore, Mr. Lagario had deposited Php 11,800.
7. Given: $15.75 - amount paid for every hair clip
$3.15 - mark up for every hair clip
Asked: The mark up rate.
Operation: division
Number Sentence: $3.15 ÷ $15.75 = N
Answer: $3.15 ÷ $15.75 = N
0.2 = N
Therefore, the mark up rate is 20%.
8. Given: P 200 - price of each set of uniform
75% - rate of mark up
Asked: The selling price of each set of uniform.
Operation: multiplication, addition
Number Sentence: .75 x 200 = N
200 + N = n
Answer: .75 x 200 = N
150 = N
200 + N = n
200 + 150 = n
350 = n
Therefore, the selling price of each set of uniform is P 350.
9. Given: P 1,580,000 - price of the lot being sold
15% - rate of the commission given to Mr. Lazo
Asked: The money Mr. Lazo had received as commission.
Operation: multiplication
Number Sentence: P 1,580,000 x .15 = N
Answer: P 1,580,000 x .15 = N
P 237,000 = N
Therefore, Mr. Lazo was given P 237,000 as commission.
10. Given: P 20,000,00 - amount borrowed by Mrs. Conchita
3.5% - rate of interest
Asked: The amount paid by Mrs. Conchita after a year.
Operation: multiplication
Number Sentence: P 20,000.00 x 3.5 = N
Answer: P 20,000.00 x 3.5 = N
700 = N
P 20,000.00 + 700 = n
P 20,700 = n
Therefore, Mrs. Conchita will pay P 20,700.00 after a year.
What is discount: brainly.ph/question/2059855
What is interest: brainly.ph/question/8974274
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