Miko spent 8% of her salary on a dress. If she had bought the dress during a sale instead, she would have spent 4.8% of her salary instead. The original price of the dress was $100. How much was the discount given during the sale?
Question
Miko spent 8% of her salary on a dress. If she had bought the dress during a sale instead, she would have spent 4.8% of her salary instead. The original price of the dress was $100. How much was the discount given during the sale?
Solution
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First, we need to find out Miko's salary. We know that 8% of her salary is equal to the original price of the dress, which is 100 to find her salary. Solving for salary, we get salary = 1250.
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Next, we need to find out how much Miko would have spent if she bought the dress during the sale. We know that this would be 4.8% of her salary, so we can calculate this as 0.048 * 60.
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Finally, we can find the discount given during the sale by subtracting the sale price from the original price. So, the discount is 60 = $40.
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