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Complete the definition of discount

Exercise and reference answers

Missing parts
  1. Answer
    marked
    Choices
    1. marked
    2. cost
    3. sale
  2. Answer
    sale
    Choices
    1. sale
    2. cost
    3. list
  3. Answer
    marked
    Choices
    1. marked
    2. sale
    3. cost
Complete the statement
A discount is a reduction given on the {0} price. It equals marked price minus {1} price, and a discount percentage is taken of the {2} price.

Explanation

Discount is always worked out on the marked price, never on the sale price. Source: syllabus Maths, Ch 7 Comparing Quantities.
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