Question

Jasmine bought computer which was discounted from 350 to 273. What is the discount rate

Answer 1

22%

Explanation:

The discount rate given on the cost of an item is the ratio of the discount to the old price expressed as a percentage.

The discount is the difference between the old and new price while the new price is known as the discounted price.

the discount = $350 - $273

= $77

The discount rate

= $77/$350

= 0.22

= 22%

Answer 2

subtract the 2 numbers to find amount of discount

350 - 273 = 77

now divide 77 by 350 = 0.22

0.22 = 22% discount