Question

A man pays only $60 for an item which originally sells for $100. What percent of the original price does the man pay for the item?

Answer 1

Answer:

60 percent

Step-by-step explanation:

A man pays $60 for an item that originally sells for $100

% of original price paid for

=amount paid/original amount x 100%

That is $60/$100 x 100%

0.6 x 100% = 60%

Answer 2

Answer: 40%. Alternatively, you can think about it this way. The item is 40% off. This means you'll pay 60.000% of the total cost (100% - 40% = 60.000%).