Fill in each blank

Market price |
Selling Price |
Discount |
Percentage discount |

$900 |
$720 |
$ |
$ % |

$3,000 |
$2,700 |
$ |
$ % |

a) Use the formula:

Discount = Marked Price – Selling Price

Percent Discount = Discount/Marked Price × 100%

Discount: 900 – 720 = 180

The marked price: 900

The percentage of discount: 180 ÷ 900 = 0.2 = 20%

b) Use the formula:

Discount = Marked Price – Selling Price

Percent Discount = Discount/Marked Price × 100%

Discount: 3,000 – 2,700 = 300

The marked price: 3,000

The percentage of discount: 300 ÷ 3,000 = 0.1 = 10%