Given:
Original selling price of a book = $45
Discount Rate = 15%
To find:
The cost of the book in dollars, the customer pays for the discounted price of the book.
Solution:
We know that,
Discounted price = Original price - Discount
= Original price - 15% of original price
[tex]=45-\dfrac{15}{100}(45)[/tex]
[tex]=45-6.75[/tex]
[tex]=38.25[/tex]
Therefore, the discounted price of the book is $38.25. So, the cost of the book after discount is $38.25.