
Often, during a sale season, retailers will sell their merchandise for a discount and usually noted as a percentage discount, \(x\%\).
The marked price is the price before the stated discount. The sale price is the amount paid after that discount. The discount is the amount saved.
\(\text{Sale price}=\text{marked price}\times(1-x/100)\).
\({\mathrm{Discount} = \mathrm{Marked \ Price} - \mathrm{Sale \ Price}}\)
\({\mathrm{Percentage \ Discount} = \frac{\mathrm{Discount}}{\mathrm{Marked \ Price}} \times 100\%}\)
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