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At some department store, all suits are reduced 30% from the retail price. If a man purchased a suit that originally rera ec for 262.40. how much did he save?
He saved $ (Round to the nearest cent as needed.)

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Answer:

$78.72

Step-by-step explanation:

To find 30% of the original value, we need to turn this percentage into a decimal or a fraction and then multiply it by the original value

  • 30% is equivalent to 0.30, [tex]\frac{30}{100}[/tex], and [tex]\frac{3}{10}[/tex]
  • So we can use either of these values. I will use 0.30 for simplicity

  • ($262.40)(0.30) = $78.72 is the amount saved
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