SOLUTION: The price of a $48 sweater is reduced to $45. What is the percent of discount?

SOLUTION: The price of a $48 sweater is reduced to $45. What is the percent of discount?

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Question 799762: The price of a $48 sweater is reduced to $45. What is the percent of discount?
Answer by waynest(281) (Show Source): You can put this solution on YOUR website!
((48 - 45)/48) * 100
(3/48) * 100
0.0625 * 100
6.25%
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