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a stereo system is marked down from \\$425 to \\$318.75. what is the di…

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%

Explanation:

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

$$ \text{Discount Rate} = \frac{\$106.25}{\$425} = 0.25 = 25\% $$

Answer:

  • (A) 15%
  • (B) 20%
  • (C) 25% (Correct answer)
  • (D) 30%