A swimsuit's original price was $31, and its sale price is $13.95. What is the discount rate?
A45%
B50%
C55%
D35%
Answer & Solution
Correct answer: C. 55%
1. Find the amount of discount: 31 minus 13.95 equals 17.05.
2. Divide the discount by the original price: 17.05 divided by 31.
3. This gives 0.55.
4. Move the decimal point two places to the right and add a percent sign: 55%.
5. So the discount rate was 55%.
_Source: OpenStax Prealgebra (CC BY 4.0), Ch 6 "Percents", section 6.3 Solve Sales Tax, Commission, and Discount Applications_
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