Answer:
We are given that a store announced that their $500 appliances were on sale.
The price of the appliances after discount is $475.
We are required to find the percent discount on the appliances.
To find the percent discount, we have to use the below formula:
[tex]\frac{(Actual-discounted)}{Actual} \times 100\%[/tex]
[tex]\frac{500-475}{500}\times 100\%[/tex]
[tex]\frac{25}{500} \times 100\%[/tex]
[tex]0.05 \times 100\%[/tex]
[tex]5\%[/tex]
Therefore, the percent discount on the appliances is 5%
