Answer: The sale price is $31.02.
Explanation:
We can use a proportion to solve the problem.
part/whole = percent/100
Since we are finding the part, we can use the variable x as a placeholder.
As for the whole, the original sale price is the whole, so we will put $47 there.
As for the percent, we are saving 34%, so that is what we will put there. This is what the proportion looks like:
x/$47 = 34/100
Now, we cross-multiply and divide.
34 times 47 = 1,598
1,598 divided by 100 = 15.98
However, $15.98 is not the sale price. It is just the amount of money we saved. To find the sale price. subtract $15.98 from $47 to get $31.02. This is the real answer.