The price of the single package of socks is $7.48.
What is the percentage?
The Percentage is defined as representing any number with respect to 100. It is denoted by the sign %.
The price of the single sock package is calculated as 12 packages of discounted socks for a total cost of $85.50. Let the cost of the socks before the discount be x.
0.95 ( x )= 85.50
x =85.50 / 0.95
x = 90
The cost of a single package is = 90 / 12 = $7.5
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