SOLUTION: If a product normally retails for $40.00 and we give you a $6.00 discount, what percentage discount are we giving you?

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Question 625681: If a product normally retails for $40.00 and we give you a $6.00 discount, what percentage discount are we giving you?
Answer by reynard2007(52) About Me  (Show Source):
You can put this solution on YOUR website!

Rate of discount = Discount Amount / Original Amount


Rate of discount = 6 / 40 = 0.15 =15%
The discount rate is 15%