Ray's Fresh Ginger Ale Ingredients

What does 0.9 represent in the context of Ray buying ginger roots and using a coupon for a discount?

0.9 represents the price Ray pays for the ginger roots after using the coupon.

Understanding the Meaning of 0.9 in Coupon Context

In this context, 0.9 represents the price Ray pays for the ginger roots after using the coupon.

When a coupon offers a certain percentage off, it means that the price is reduced by that percentage. In this case, Ray has a coupon for 10% off the price of the ginger roots. To calculate the price Ray pays after using the coupon, we multiply the original price by 0.9 (which represents 100% - 10%). This gives us the discounted price.

It is important to understand the concept of percentages in discounts to calculate the final price accurately. By multiplying the original price by 0.9, we can determine the amount Ray will pay for the ginger roots after applying the 10% discount.

← Interim financial reporting what you need to know What is the relationship between your company s purpose and your buyer personas →