Suppose that a car normally sells for $16,500 and is now on sale for $14,000. What is the percent of discount? If necessary, round your answer to the nearest tenth.
16,500 - 14,000 = 2,500
2,500/16,500 = 0.1515 = 15.15%
To find the percent of discount, you can use the following formula:
Percent Discount = (Original Price - Sale Price) / Original Price * 100
Plugging in the given information, the formula becomes:
Percent Discount = ($16,500 - $14,000) / $16,500 * 100
Calculating the numerator:
$16,500 - $14,000 = $2,500
Plugging the values back into the formula:
Percent Discount = $2,500 / $16,500 * 100
Calculating the division:
$2,500 / $16,500 ≈ 0.1515
Converting to a percentage:
0.1515 * 100 ≈ 15.15
Rounding to the nearest tenth:
Approximately 15.2%
Therefore, the percent discount is approximately 15.2%.
To find the percent of discount, we can use the formula:
Percent of Discount = (Original Price - Sale Price) / Original Price * 100
In this case, the original price is $16,500 and the sale price is $14,000. Plugging in these values in the formula:
Percent of Discount = ($16,500 - $14,000) / $16,500 * 100
Simplifying the numerator:
Percent of Discount = $2,500 / $16,500 * 100
Now, we divide:
Percent of Discount = 0.1515 * 100
Finally, we get:
Percent of Discount = 15.15%
Rounded to the nearest tenth, the percent discount is 15.2%.