Mastering Discounts: Calculations, Formulas, and Practical Examples
Key insights
- 🏷️ Definition of discount and sale price
- 🧮 Solving money problems involving percentages on discounts and sale price
- 🛍️ Ads about discounts and sales on online shopping platforms
- 💰 Understanding how to compute discounts and the impact of discounts on purchases
- 📊 Formulas for calculating discount and sale price
- 🔢 Examples of calculating discount amount and sale price
- 🔍 Calculating discounts using the formula: discount = original price * rate of discount
- 📉 Demonstrating how to find the original price given the discounted price and the discount rate
Q&A
What does the video emphasize about installment plans?
The video emphasizes the importance of paying installment plans on time to avoid penalties and higher payments.
How does the video demonstrate finding the original price given the discounted price and the discount rate?
The video demonstrates how to find the original price before discount using the formula: original price = sale price / (1 - discount rate). It also encourages viewers to solve problems independently.
What formulas are covered in the video?
The video covers formulas for calculating discount and sale price, converting discount rate to decimal, and solving for original price and discount rate.
What are some examples provided in the video?
The video provides examples of calculating discount amount and sale price, as well as solving for discount rate and sale price.
What terms related to pricing are discussed in the video?
The video discusses terms such as selling price, original price, discount, and provides formulas for computing these values and percentages.
What does the video cover?
The video covers the definition of discounts and sale prices, solving money problems involving percentages on discounts, where to find ads about discounts and sales on online shopping platforms, understanding how to compute discounts, as well as the impact of discounts on purchases.
- 00:02 📉 Today's lesson is about discounts and sale prices. We'll define discount and sale price and learn how to solve money problems involving percentages on discounts. We'll also discuss where we commonly see ads about discounts and sales on online shopping platforms. Let's learn how to compute discounts and understand how they work.
- 02:48 📋 The segment discusses definitions of terms related to pricing, such as selling price, original price, discount, and how to compute these values and percentages.
- 05:33 The video discusses how to calculate the discount amount and sale price using formulas. It also provides examples of solving for discount rate and sale price.
- 09:29 The video segment discusses calculating discounted prices and savings for various products. It covers the formulas for calculating discounts, sale prices, and original prices before discounts.
- 12:53 The video discusses solving for discounts and sale prices of items using discount rates and original prices. It provides examples and encourages viewers to solve problems on their own. It also demonstrates how to find the original price given the discounted price and the discount rate.
- 16:28 The video discusses how to calculate sale price with discounts and emphasizes the importance of paying installment plans on time. It also demonstrates how to calculate the rate of discount given on a purchase.