Skis at a sports store near Snow Summit are on sale for $476. If the original price was $560, what discount rate does this represent?

Question

 I need help

Answer 1

You need to take the discount price ($476) away from the original price ($560) and divide it by the original price ($560). Then multiply by 100%. So:

 

560-476 = 84 / 560 = .15 x 100 = 15. So the rate of discount is 15%. Hope this helps.

Answer 2

DiscountRate = (OriginalPrice - ReducedPrice) / OriginalPrice

expressed as a percentage

 

so fill in $560 and $476 into that formula. You’ll get a proper fraction or a decimal less than one. Convert it to percentage.