CDs normally selling for $28.95 were cleared for $23.95. Calculate the percentage discount given, correct to 1 decimal place.Percentage discount
Question
CDs normally selling for 23.95. Calculate the percentage discount given, correct to 1 decimal place.Percentage discount
Solution
To calculate the percentage discount, follow these steps:
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First, find the difference in price. Subtract the sale price from the original price: 23.95 = $5.00.
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Next, divide the difference by the original price to find the discount rate: 28.95 = 0.1727.
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Finally, multiply the discount rate by 100 to find the percentage discount: 0.1727 x 100 = 17.27%.
So, the percentage discount is approximately 17.3% when rounded to 1 decimal place.
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