Question

a store is having a dealer close-out sale. A computer desk, originally priced at $83, is now on sale for $78.85. what is the close-out discount rate? This is a percent of decrease.

Answer 1

A computer desk, originally priced at $83, is now on sale for $78.85

originally priced at $83. After discount the price becomes $78.85

Discount amount =  $83 - $78.85 = $4.15

Decrease rate = discount amount divide by original price

Decrease rate = $\frac{4.15}{83}= 0.05$

Decrease rate = 0.05

To find percent of decrease we multiply by 100

0.05 * 100 = 5%

Decrease percentage = 5%