Question

when looking at a retail price of $1227.23 and the sale price being $286.13, what is the difference in these expressed by percentage off? and what is the formula used to find out the percentage off? please

Answer 1

Given:

Retail price = $1227.3

Sale price = $286.13

Let's find the percentage off.

The percentage off is also called the percentage discount.

To find the percentage off, apply the formula:

`\text{Percentage off = }\frac{original\text{ price - sale price}}{old\text{ price}}\ast(100)/(1)`

Where:

Saleprice = $286.13

Original price can be said to be the retail price = $1227.3

Thus, we have:

`\begin{gathered} \text{Percentage off = }(1227.23-286.13)/(1227.3)\ast(100)/(1) \\ \\ \text{Percentage off = }(941.1)/(1227.3)\ast100 \\ \\ \end{gathered}`

Solving further:

`\text{Percentage off=}0.767\ast100=76.7\text{ \%}`

Therefore, the percentage off is 76.7%.

ANSWER:

76.7%