An article marked CA 300.00 is subject to a discount of \( 5 \% \). What is the cash Price of the article?

To find the cash price of the article after a \( 5 \% \) discount, you can calculate the discount amount first. The discount is \( 5 \% \) of CA 300.00, which equals \( 300.00 \times 0.05 = 15.00 \). Now, subtract that discount from the original price: \( 300.00 - 15.00 = 285.00 \). So, the cash price of the article is CA 285.00. In retail, understanding how discounts work is crucial for both customers and businesses. Discounts are often used as a marketing tool to entice customers, but for businesses, it’s vital to ensure they don’t cut into profits too deep. Knowing how to calculate the final cash price helps customers make informed purchasing decisions and helps businesses price their products strategically.