Original price: $55 Discount: Sale Price $46.75
Mathematics · Middle School · Tue Nov 03 2020
Answered on
Given:
Original price: $55
Sale Price $46.75
Solution:
We can determine the discount of the sales price by subtracting the sales price to the original price.
= 55 - 46.75
= 8.25
Now we divide 8.25 by 55 in order to determine what is the discount rate.
= 8.25/55
=0.15
Since we are given a decimal answer, in order to convert it into a percentage, we multiply the decimal by 100. Hence, in converting a percentage into a decimal, we divide the percentage by 100.
= (0.15)(100)
= 15%
Final answer:
The discount is 15%