SOLUTION: Solve for r in the formula S = L - rL where S is the sale price, L is the list price, and r is the discount rate.
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-> SOLUTION: Solve for r in the formula S = L - rL where S is the sale price, L is the list price, and r is the discount rate.
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You can put this solution on YOUR website! Solve for r in the formula
S = L - rL
:
Factor out L
S = L(1 - r)
:
Divide both sides by L = 1 - r
Rearrange
r = 1 -