Answer:
£1140
Solving steps:
Question: A builder buys some new tools for his business costing £1200. The store offers 5% trade discount. How much do the new tools cost after the discount?
Find: How much do the new tools cost after the discount?
Solution:
Step 1: find the value of the percentage
=> £1200 × 5/100
=> 1200/1 × 5/100
cancel the 0 of the denominators of 100 and 1200
=> [tex] \frac{12}{1} \times \frac{5}{1} [/tex]
=> [tex] \frac{60}{1} [/tex]
=> [tex]60[/tex]
Step 2: Substract the value which is 60 to 1200
=> 1200 - 60
Substract 60 from 1200
=> 1140
therefore after discount it cost £1140
