SOLUTION: Blank tapes are selling at 3.50 and are reduced at $1. What is the rate of discount?

SOLUTION: Blank tapes are selling at 3.50 and are reduced at $1. What is the rate of discount?

Algebra.Com

Question 254818: Blank tapes are selling at 3.50 and are reduced at $1. What is the rate of discount?
Answer by palanisamy(496) (Show Source): You can put this solution on YOUR website!
Blank tapes rate = $3.50
Reduced rate = $1.
Reduced amount = 3.50-1 = 2.50
Rate of discount = (2.5/3.5)*100 = 71.43%
RELATED QUESTIONS
Question 1109914: 1. The Cellphone Company buys iPhones at PhP24,000. Expenses are set at (answered by CPhill)

You are the manager of Motown Hardware. You are currently selling Energy Max batteries... (answered by mananth)

You are the manager of a clothing store and have just purchased 100 dress shirts for... (answered by math_tutor2020)

At a sale, all CDs are one price and all tapes are another price. Three CDs and two... (answered by nerdybill)

The Cellphone Company buys iPhones at PhP24,000. Expenses are set at 17% of the selling... (answered by Theo)

1. The Cellphone Company buys iPhones at PhP24,000. Expenses are set at 17% of the... (answered by Lightning_Fast)

.The outdoor shop buys tents for $264 less 25% for buying more than 20 tents. The store... (answered by stanbon)

please this the last time i am asking for help. solve for x and y. during a... (answered by drk)

Darrell Frye is planning to buy an office building at a cost of $989,000. He must pay 10% (answered by CPhill)