Question

A record sells for $7.98. Johann bought one on sale for $5.98. Estimate the amount saved as a percent of the regular price.

Answer 1

25.06%

Explanation:

We can use the percentage formula for this problem:

p = 100(y/x)

Let's simplify it:

p = 100(5.98/7.98)

p = 100(0.7494)

100 * 0.7494 = 74.94

100.00 - 74.94 = 25.06

Therefore, Johann saved 25.06% on the record.