Question

How much will you save if you buy an item listed at 175.50 at a 35 percent discount

Answer 1

We still save 61.43

Explanation:

If the discount rate is 35%, we still have to pay 100-35 = 65%

Take the list price and multiply by the percent we still have to pay

175.50 * 65%

175.50 * .65

114.075

We still have to pay 114.075

To determine how much we will save, take the original price and subtract how much we will pay

175.50-114.075

61.425

Rounding to the nearest cent

We will save 61.43