SOLUTION: a diamond ring which normally sells for $1095 is on sale for $876. what is the amount of discount? what is the rate of discount?

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Question 802885: a diamond ring which normally sells for $1095 is on sale for $876. what is the amount of discount? what is the rate of discount?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
1095-876=$219
219/1095=0.20=20%