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Retail price $7.50 discount $2.50 find the discount rate

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Answer to a math question Retail price $7.50 discount $2.50 find the discount rate

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Sigrid
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119 Answers
1. Identify retail price and discount:
- Retail price = $7.50
- Discount = $2.50

2. Insert these values into the discount rate formula:
\text{Discount Rate} = \left(\frac{\text{Discount}}{\text{Retail Price}}\right) \times 100
\text{Discount Rate} = \left(\frac{2.50}{7.50}\right) \times 100

3. Simplify the division part:
\frac{2.50}{7.50} = 0.3333

4. Multiply by 100 to make it a percentage:
0.3333 \times 100 = 33.33\%

Thus, the discount rate is 33.33\% .

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