The original price of a jacket was $60, but Jeffrey only paid $45. What percent did Jeffrey save on the jacket? *
Amount saved=£60-£45=£15
Percentage saved =(15/60)×100
To determine the percentage saved on the jacket, we need to find the difference between the original price and the price actually paid, and then express it as a percentage of the original price.
Step 1: Find the difference
Original price - Price paid = $60 - $45 = $15
Step 2: Express the difference as a percentage
(Price difference / Original price) x 100
= ($15 / $60) x 100
= 0.25 x 100
= 25%
Therefore, Jeffrey saved 25% on the jacket.