SOLUTION: A store is offering a 3% discount on all items. Write an equation relating the sale price SS for an item to its list price LL

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Question 1047273: A store is offering a 3% discount on all items. Write an equation relating the sale price SS for an item to its list price LL

Answer by MathLover1(20849) About Me  (Show Source):
You can put this solution on YOUR website!
given:
a store is offering a 3% =0.03 discount on all items
let the sale price be S and list price L
Discount means that we reduce the original price. To get the discount price, multiply the percent discount by the original price. Then subtract the result from the original price. This new price is the sales price. We will have the equation.


S+=+L+-+0.03L

S+=+%281+-+0.03%29L

S+=+0.97L