Question

A store owner discounted some bicycles from $500 to $440. What percentage is the discount?

Write your answer using a percent sign (%).

Answer 1

12 %

Explanation:

Answer: = 12% decrease

Solution:

Calculate percentage change

from Starting Value = 500

to Final Value = 440

(Final−Start)/start×100

=(440−500)|500|×100

=−60500×100

=−0.12×100

=−12%change

=12%decrease