document.write( "Question 991207: The sale Price S (in dollars) of an item is given by the formula S=L - rL, where L is the lost price (in dollars) and r is the discount rate (in decimal form)\r
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Algebra.Com's Answer #611065 by stanbon(75887)\"\" \"About 
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The sale Price S (in dollars) of an item is given by the formula S=L - rL, where L is the list price (in dollars) and r is the discount rate (in decimal form)
\n" ); document.write( "a. Solve the formula for r
\n" ); document.write( "S = L - rL
\n" ); document.write( "rL = L-S
\n" ); document.write( "r = (L-S)/L = 1 - (S/L)
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\n" ); document.write( "b. The list price of the shirt is $30. What is discount rate?
\n" ); document.write( "r = 1 - (S/30)\r
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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