Answer:
43.5%
Explanation:
Substitute the original price of $850 and the sale price of $480 to find
amount of discount=850−480=370
Use the amount of discount, $370, to find the discount rate. Use the equation
amount of discount=discount rate×original price.
Rearrange the equation to solve for the unknown value.
discount rate=amount of discountoriginal price
Substitute in the known values and solve to find the discount rate.
370850=0.435=43.5%
Thus, the discount rate on the patio set was 43.5%.