Question

At a hardware store, a tool set normally costs $80. During a sale this week, the tool set costs $12 less than usual. What percentage of the usual price is the savings? Explain or show your reasoning. Use whatever strategy you would like.

Answer 1

Answer: 15%

Explanation:

The usual price is $80.

This week however, the set sold for $12 less than this usual price of $80.

Savings therefore are $12 because people save $12 by buying it at $12 off.

Percentage of usual price:

= Savings / Usual price * 100%

= 12 / 80 * 100%

= 0.15 * 100

= 15%