SOLUTION: Sale price on painting has a regular price of $1600 and is on sale for 45% off regular price. Find the discount rate?
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Question 1010938: Sale price on painting has a regular price of $1600 and is on sale for 45% off regular price. Find the discount rate?
Answer by fractalier(6550) (Show Source): You can put this solution on YOUR website!
Well the discount can be found by multiplying
.45(1600) = $720
Now subtract that from the original price and get the discounted price:
$1600 - $720 = $880
(You could have gotten the same answer by merely multiplying (.55)($1600).)
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