Question

if marked price = 1,540 during the off season a discount was given and it was sold for 1,463. find the discount and the discount percent

Answer 1

The discount is $77, and the discount percent is 5%

Explanation:

Discount: $1,540 - $1,463 = $77

Discount percent: $1,463 / $1,540 = 0.95, 1.00 - 0.95 = 0.05, 0.05 = 5%