Question

Express the difference in the amount of $1227.23 and $286.13 in the form of percentage? what is the formula to figure out the answer to this problem?it is the retail price of something and then the sale price of something I need to know how much percentage it is off

Answer 1

Answer:

76.68%

Explanation:

To know how much percentage it is off, we will use the following equation:

$\frac{\text{ Initial value - Final Value}}{\text{ Initial Value}}\times100$

So, if the prices are $1227.23 and $283.13, we can replace the values as

$\frac{\text{ \ 1227.23 - \ 286.13 }}{\text{ \ 1227.23}}\times100=\frac{941.1}{1227.23}\times100=76.68\text{ \%}$

Therefore, the percentage of discount is 76.68%