Question

Lily wants to buy a cow but can't afford the $25 it costs. Later in the year it is at an affordable $15 and Lily can buy it. What percentage of a
discount was on the cow? Please explain :)

Answer 1

Answer:

There was 60% discount on the cow.

Step-by-step explanation:

• Cost of cow = $25

• Latest price = $15

Discount can be calculated by dividing the latest price by the original price and multiplying by 100.

Thus,

percentage discount = 15/25 × 100

                                   = 0.6 × 100

                                    = 60%

Thus, there was 60% discount on the cow.