Question
The old price of a box is 300 naira if there is an increment of 500 naira find the percentage discount
Answers
GPT 3.5
To find the percentage discount, we need to calculate the difference between the old price and the new price and then express it as a percentage of the old price.
The new price of the box is the old price plus the increment:
New Price = Old Price + Increment
New Price = 300 naira + 500 naira
New Price = 800 naira
The discount is the difference between the old price and the new price:
Discount = Old Price - New Price
Discount = 300 naira - 800 naira
Discount = -500 naira
To express this discount as a percentage of the old price:
Percentage Discount = (Discount/Old Price) * 100
Percentage Discount = (-500 naira / 300 naira) * 100
Percentage Discount = -166.67%
Note: The percentage discount is negative because the new price is higher than the old price.
The new price of the box is the old price plus the increment:
New Price = Old Price + Increment
New Price = 300 naira + 500 naira
New Price = 800 naira
The discount is the difference between the old price and the new price:
Discount = Old Price - New Price
Discount = 300 naira - 800 naira
Discount = -500 naira
To express this discount as a percentage of the old price:
Percentage Discount = (Discount/Old Price) * 100
Percentage Discount = (-500 naira / 300 naira) * 100
Percentage Discount = -166.67%
Note: The percentage discount is negative because the new price is higher than the old price.