An outlet store receives a shipment of pens that will be offered at a discounted price of $0.19 apiece. The pens were originally sold for $0.50 each. What percentage is the discount?
Write your answer using a percent sign (%).
To find the discount percentage, we need to calculate the difference between the original price and the discounted price.
Original price - discounted price = discount amount
$0.50 - $0.19 = $0.31
Next, we can calculate the discount percentage by dividing the discount amount by the original price and multiplying by 100.
(discount amount / original price) * 100 = discount percentage
($0.31 / $0.50) * 100 = 62%
Therefore, the discount percentage is 62%.