Final answer:
A real-world scenario with a 75% discount could be a store clearance sale. For an item discounted to $50, calculate the original price by dividing the sale price by the percentage of the price paid after discount. The original price is determined to be $200.
Step-by-step explanation:
To describe a real-world scenario where an item is discounted by 75%, imagine a store having a clearance sale to get rid of excess inventory. For example, a bicycle originally priced at $200 is marked down by 75%. To find the original price after the discount, you can use the following steps:
- Convert the percentage discount to a decimal by dividing by 100: 75% = 0.75.
- Subtract the discount rate from 1 to find the percentage of the price you do pay: 1 - 0.75 = 0.25.
- Multiply the sale price by the reciprocal of the percentage you paid to find the original price. If the sale price after the discount is $50, you would calculate $50 / 0.25 = $200 to find the original price.
In this scenario, the original price of the bicycle was $200.