SOLUTION: To compute the sale price, S, a store owner uses the formula S = 0.85R, where R is the retail price. What is the percent off for the sale?
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Question 216573: To compute the sale price, S, a store owner uses the formula S = 0.85R, where R is the retail price. What is the percent off for the sale? Answer by solver91311(24713) (Show Source):
Assume that the retail price is $1.00. Then the sale price would be .85 times $1.00 = 85 cents. That means the customer saves 15 cents on every retail price dollar. So what is the percent off?