when looking at a retail price of $1227.23 and the sale price being $286.13, what is the difference in these expressed by percentage off? and what is the formula used to find out the percentage off? please

Respuesta :

Given:

Retail price = $1227.3

Sale price = $286.13

Let's find the percentage off.

The percentage off is also called the percentage discount.

To find the percentage off, apply the formula:

[tex]\text{Percentage off = }\frac{original\text{ price - sale price}}{old\text{ price}}\ast\frac{100}{1}[/tex]

Where:

Saleprice = $286.13

Original price can be said to be the retail price = $1227.3

Thus, we have:

[tex]\begin{gathered} \text{Percentage off = }\frac{1227.23-286.13}{1227.3}\ast\frac{100}{1} \\ \\ \text{Percentage off = }\frac{941.1}{1227.3}\ast100 \\ \\ \end{gathered}[/tex]

Solving further:

[tex]\text{Percentage off=}0.767\ast100=76.7\text{ \%}[/tex]

Therefore, the percentage off is 76.7%.

ANSWER:

76.7%