Question

This softener’s price was reduced from 17.95 to 12.95. Calculate the percentage discount.

Answer 1

38.6%

Explanation:

Given data

Initial price = $17.95

New price = $12.95

price reduction = 17.95-12.95= $5

We can use the price reduction to calculate the percentage discount

Hence

Percentage discount =

( price reduction / initial price) *100

(5/12.95)*100

= 0.03861*100= 38.6

Percentage discount= 38.6%