The correct price of food during purchasing is determined by subtracting the discount placed on the food item.
Generally, the price every commodity is determined after deducting the discounts associated with the commodity.
A discount associated with certain commodities such as food items is often given in percentage.
For example;
- if the discount on the food item is 5% of the original price, the price of the food item is determined as follows;
Let the original price = x
Let the new price or actual price of the food item = y
The new price of the food item is determined as follows;
y = x - 0.05x
y = 0.95x
Thus, we can conclude that the correct price of food during purchasing is determined by subtracting the discount placed on the food item.
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