Tracey paid $135 for an item that was originally priced at $510. What percent of the original price did Tracey pay. Round to the nearest tenth of a percent.
Mathematics · College · Tue Nov 03 2020
Answered on
Given the statement:
Tracey paid $135 for an item that was originally priced at $510.
Determine what percent of the original price did Tracey paid for.
Solution:
In order to determine the percentage of the original price that Tracey paid for, simply divide the original price to the new discounted price.
= $135/$510
= 0.265
Now since we have a decimal answer, we will change the decimal into percentage. In changing a decimal into percentage, simply multiply the decimal by 100, hence in changing a percentage into decimal, we divide the percentage by 100.
= (0.265)(100)
= 26.5%
It is stated that we need to round the number to the nearest percentage, therefore since we have 5 on the decimal point, it means that the percentage will increase by 1
= 27%
Tracey paid 27% of the original price.