Answer:
40%
Formula explanation:
Our formula we will be using is: a=pw
a is the part amount, p is percent and w is the whole amount.
We need to find the percent so our formula will look like this:
a is $31.20 | p is UNKNOWN | w is $52 | $31.20=p($52) |
Step-by-step explanation:
First, we need to divide:
$31.20 divided by $52 = 0.6
We need to make 0.6 into a percent to subtract by 100:
0.6 = 60% | 100% - 60% = 40%!
WRITTIN FORM:
40% is the percent of discount/markup.
Hope this helps!
~Hocus Pocus