QUESTION IMAGE
Question
a stereo system is marked down from \\$425 to \\$318.75. what is the discount rate?
a 15%
b 20%
c 25%
d 30%
Calculate the discount amount
Using the Percent Decrease knowledge point
$$
\text{Discount Amount} = \$425 - \$318.75 = \$106.25
$$
Calculate the discount rate
Using the Percent Decrease knowledge point
$$
\text{Discount Rate} = \frac{\$106.25}{\$425} = 0.25 = 25\%
$$
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- (A) 15%
- (B) 20%
- (C) 25% (Correct answer)
- (D) 30%