Final answer:
A real-world problem involving a percent less than 50% is calculating a discount on an item. We can model this using the formula: discounted price = original price - (original price * percent)
Step-by-step explanation:
A real-world problem involving a percent less than 50% could be calculating a discount on an item. For example, if an item is originally $100 and it is on sale for 30% off, we can model this by subtracting 30% of the original price from the original price. So, the discounted price would be $100 - ($100 * 0.30) = $70.
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