Question

A flight to New York from Dulles on a

Friday costs $168. If you leave on a
Thursday you can save $45.36. What is
the discount rate being offered for flying
from Dulles to New York on a Thursday?

Answer 1

To find the discount rate offered for flying from Dulles to New York on a Thursday, you can use the following formula:

Discount Rate = (Amount Saved / Original Price) * 100%

Given:
Amount saved for flying on a Thursday = $45.36
Original price for flying on a Friday = $168

Now, plug these values into the formula:

Discount Rate = ($45.36 / $168) * 100%

Discount Rate = (0.269 * 100%)

Discount Rate = 26.9%

So, the discount rate being offered for flying from Dulles to New York on a Thursday is approximately 26.9%.