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Question
pay close attention as you work through this process. youll be asked to write a journal entry at the end. a 220 tablet is on sale at half price for 110. you have a coupon for 20% off the sale price. if you use your coupon to buy the tablet, what percent of the original price will you pay? choose the sentence that describes how the quantities in the problem are related. percent paid is 100 times the ratio of sale price to original price. percent paid is 100 times the ratio of amount paid to original price. percent paid is 100 minus the sum of the sale discount and the coupon discount. percent paid is 100 times the ratio of the coupon discount rate to the sale discount rate.
The problem asks for the percentage of the original price that will be paid. The percentage formula is \( \text{Percentage}=\frac{\text{Part}}{\text{Whole}}\times100\). Here, the "part" is the amount paid and the "whole" is the original price. So, the percent paid is calculated as \(100\) times the ratio of the amount paid (after using the coupon) to the original price.
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Percent paid is 100 times the ratio of amount paid to original price.