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32 votes
32 votes
James went to the store and bought a pair of shoes on sale for $40.00. This week they were regular price of $64.50. What was the percent discount that he bought the shoes for?

User JSelser
by
2.9k points

1 Answer

7 votes
7 votes

New price = 64.50

Old price = 40

Difference = 24.50

Percent discount is calculated as follows;


\begin{gathered} \text{Discount}=\frac{\text{difference}}{New\text{ price}}*100 \\ \text{Discount}=(24.5)/(64.5)*100 \\ \text{Discount}=(24.5*100)/(64.5) \\ \text{Discount}=(2450)/(64.5) \\ \text{Discount}=37.9844\ldots \\ \text{Discount}\approx37.98 \end{gathered}

The shoes were bought for $40.00 as against the regular price (new price) of $64.50. This means there was a 37.98% reduction from the $64.50 price.

The percent discount is therefore 37.98%.

User Wizztjh
by
2.8k points
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