Answer:
76.68%
Explanation:
To know how much percentage it is off, we will use the following equation:
[tex]\frac{\text{ Initial value - Final Value}}{\text{ Initial Value}}\times100[/tex]So, if the prices are $1227.23 and $283.13, we can replace the values as
[tex]\frac{\text{ \$1227.23 - \$286.13 }}{\text{ \$1227.23}}\times100=\frac{941.1}{1227.23}\times100=76.68\text{ \%}[/tex]Therefore, the percentage of discount is 76.68%
