The purchase price of a certain commodity was 800 yuan, and the price was 1200 yuan when it was sold. Later, due to the backlog of the commodity, the store prepared to sell it at a discount Requirement: keep the profit no less than 5%. How much discount do you think the product can get at least?

The purchase price of a certain commodity was 800 yuan, and the price was 1200 yuan when it was sold. Later, due to the backlog of the commodity, the store prepared to sell it at a discount Requirement: keep the profit no less than 5%. How much discount do you think the product can get at least?

Suppose the goods are sold at a discount of X
1200x≥800×﹙1+5%﹚
X ≥ 0.7 = 70% = 70% discount
A: the goods are sold at a 70% discount