Question

A store manager is marking down fancy watches from $1,167 to $389. What percentage is the discount?

Answer 1

Answer:

Step 1: Find the difference between the original price and the sale price:

$1,167 - $389 = $778

Step 2: Divide the difference by the original price:

$778 / $1,167 ≈ 0.6667

Step 3: Multiply the result by 100 to find the percentage:

0.6667 * 100 ≈ 66.67

The discount on the fancy watches is approximately 66.67%.