SOLUTION: After a discount of $259.25, a distributor paid $894.75 to purchase an item from a manufacturer. What rate of discount was applied to the purchase? (Round your answer to 1 decimal

Algebra ->  Numeric Fractions Calculators, Lesson and Practice -> SOLUTION: After a discount of $259.25, a distributor paid $894.75 to purchase an item from a manufacturer. What rate of discount was applied to the purchase? (Round your answer to 1 decimal       Log On


   

Question 1017394: After a discount of $259.25, a distributor paid $894.75 to purchase an item from a manufacturer. What rate of discount was applied to the purchase? (Round your answer to 1 decimal place.)
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
The $894.75 is the discounted amount...if we add the discount, $259.25, to it, we get the original amount...
894.75 + 259.25 = $1154
The percentage discount = $259.25 / $1154 = 22.5%