A store is going out of business. Items that normally cost $24.99 now cost $16.66. What type of discount is the store offering on those items?

Question

I don't know how to solve this problem.

Answer 1

First we need to find out what percentage $16.66 is of $24.99.

 

$16.66 / $24.99 = .67

 

Now, we need to subtract .67 from 1.00 (100%)

 

1.00 - .67 = .33

 

So the store is offering 33% off the items.