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HomeCATQuantitative AptitudeProfit and Loss › With a $17.05 discount on a $31 swimsuit, the di…

With a $17.05 discount on a $31 swimsuit, the discount rate is:

A55%
B45%
C35%
D65%
Answer & Solution
Correct answer: A. 55%
1. Divide the discount by the original. 2. 17.05 over 31 is 0.55. 3. The rate of discount is 55 percent. _Source: OpenStax Elementary Algebra 2e, Chapter 3, Solve Percent Applications (CC BY 4.0)._
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