Question

VI) You finally purchased a backup oxygen tank needed for the base which originally cost

$50,000 on sale for $18,000. (3 points)
a) How much did you save?
b) What fraction of the original price was this?
c) What % of the original price was this?

Answer 1

a) $32,000

b) 9/25

c) 36%

Explanation:

Hello!

A) How much did you save?

Let's see. In order to find the savings, we must subtract the new price from the original.

• 50,000 - 18,000 = 32,000

You saved $32,000 (a pretty good deal!)

B) What fraction of the original price was this?

To find the fraction, we must divide the new price from the original.

• 18,000/50,000
• 9,000/25,000 => SImplify
• 9/25 => Simplify

It's 9 twenty-fifths of the original price.

C) What fraction of the original price was this?

Convert the fraction to percent

• 9/25
• 9*4/25*4 => Denominator of 100
• 36/100
• 36%