Money & Finance · Lesson 7 of 14
Discounts and Sale Prices
A discount takes a percentage off the price. Find the amount off and subtract it, or multiply by what you still pay.
What you will learn
- Find the amount taken off and the sale price.
- Use a multiplier to do it in one step.
- Work backwards to the original price.
Before you start: you should be able to find a percentage of an amount. See Percentages.
The idea
A discount is a percentage taken off a price. With off you pay the other .
Two ways to find the sale price
- Amount off: find the discount and subtract it.
- Multiplier: multiply the price by the percentage you still pay. A discount means you pay , so multiply by .
Comparing the prices
A bar chart makes the saving easy to see.
Working backwards
If you know the sale price, divide by the multiplier to find the original. Do not take the percentage off the sale price.
Worked examples
Example 1: Sale price
A jacket costs £ and is reduced by .
- of .
- .
- Check with a multiplier: .
Answer: £
Example 2: Two discounts
A £ coat is off, then a voucher gives off the new price.
- After off: .
- After off that: .
Answer: £, which is off, not .
Example 3: Find the original
A sale price is £ after off. What was the original price?
- You paid , so .
- .
Answer: £
Watch out: taking off £ gives £, which is the wrong way round.
Why it matters
Sales, vouchers and student offers are all percentage discounts. Being able to work out the real price lets you compare deals and spot when “up to off” is not as good as it sounds.
Practice
Your turn. Type or choose an answer, then press Check. Getting one wrong is fine, that is what practice is for. You can try as many times as you like.