Final answer:
To find the percent discount, calculate the difference between the original price and the discounted price. Then, divide the difference by the original price and multiply by 100 to get the percentage.
Step-by-step explanation:
To find the percent discount, you need to calculate the difference between the original price and the discounted price, and then divide it by the original price. In this case, the difference is $24.00 - $12.50 = $11.50. Then, divide $11.50 by $24.00, and multiply the result by 100 to get the percentage. So, the percent discount is ($11.50 / $24.00) * 100 = 47.92%.