In a candy store, a ₹5.00 jar of candy is labelled, "50% off". What is the discount? What is the sale price of the jar of candy?
"50% off," refers to the rate.
The rate is 50%.
The discount is: 0.50 × ₹5.00 = ₹2.50
The sale price is calculated as follows:
5.00 (original price) - 2.50 (discount)= ₹2.50 (sale price)
The discount is ₹2.50 and the sale price is ₹2.50.