The rate of discount was 43.5%
Step-by-step explanation:
Given,
Original price = $850
Sale price = $480
Amount of discount = Original price - Sale price
Amount of discount = $370
Let,
x be the discount rate.
x% of 850 = 370
[tex]\frac{x}{100}*850=370\\8.5x=370[/tex]
Dividing both sides by 8.5
[tex]\frac{8.5x}{8.5}=\frac{370}{8.5}\\x=43.529\%[/tex]
Rounding off to nearest tenth
x = 43.5%
The rate of discount was 43.5%
Keywords: percentage, division
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Answer:
We are asked to find the discount rate on the patio set. Begin by finding the amount of discount. The equation is
amount of discount=original price−sale price.
Substitute the original price of $850 and the sale price of $480 to find
amount of discount=850−480=370
Use the amount of discount, $370, to find the discount rate. Use the equation
amount of discount=discount rate×original price.
Rearrange the equation to solve for the unknown value.
discount rate=amount of discount original price
Substitute in the known values and solve to find the discount rate.
370850=0.435=43.5%
Thus, the discount rate on the patio set was 43.5%.
Step-by-step explanation:
