Jeannette bought a swimsuit on sale for $13.95. The original price was $31. What was the discount rate?
A45.00%
B17.05%
C68.00%
D55.00%
Answer & Solution
Correct answer: D. 55.00%
1. First find the amount of discount: 31 minus 13.95 equals 17.05.
2. Let r equal the discount rate, so the amount of discount equals r times the original price.
3. Substitute the known values: 17.05 equals r times 31.
4. Divide both sides by 31 to get r equals 0.55, or 55%.
_Source: OpenStax Elementary Algebra (CC BY 4.0), Ch 3 "Math Models", section 3.2 Solve Percent Applications_
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