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Fancy watches that were once selling for $75 are now selling for $42. what percentage is the discount?

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Final answer:

The percentage discount on fancy watches reduced from $75 to $42 is 44%. To calculate it, subtract the new price from the original price, divide by the original price, and multiply by 100.

Step-by-step explanation:

Calculating a Percentage Discount

To calculate the percentage discount on the fancy watches, we need to follow these steps:

  1. Find the difference in price. This is the original price minus the new price.
  2. Divide the difference in price by the original price.
  3. Multiply the result by 100 to get the percentage discount.

The original price of the watches is $75, and the new price is $42. Therefore, the difference in price is $75 - $42 = $33.

Next, divide the difference by the original price: $33 ÷ $75 = 0.44.

Finally, multiply 0.44 by 100 to find the percentage discount: 0.44 × 100 = 44%.

So, the discount percentage is 44%.

Example with Sales Tax Calculation

If Emily bought a jacket for $85 and the sales tax is 7.5%, the amount of sales tax can be found by multiplying the cost of the jacket by the sales tax rate:

$85 × 0.075 = $6.375.

To find the total cost, add the amount of sales tax to the original price of the jacket:

$85 + $6.375 = $91.375.

Therefore, the total cost of the jacket including sales tax is $91.38 (rounded to two decimal places).

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