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5 December, 16:17

What is the discount rate for a $120.00 camera that is on sale for $105.00?

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  1. 5 December, 20:07
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    The resent value, also called "discounted value," is the current worth of the camera. So, we know that the discounted value is $105.00.

    The first price of the camera was $120.00.

    This means that the price is decreased. In order to calculate the discount rate we should find out how many percent the camera was discounted. 105 from 120 is: 105/120*100=87.5

    So, the discount is 100-87.5=12.5 %.
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