Kelly received a 25% discount on the purchase of a $240 bicycle. What was the amount of the discount Kelly received?
Kelly received a discount of $60.
To find out, you can use the formula:
Discount = Original Price x Discount Rate
In this case, the original price is $240 and the discount rate is 25%, which can also be written as 0.25.
Discount = $240 x 0.25
Discount = $60
Therefore, Kelly received a discount of $60 on the bicycle.