bellabasketball2476 bellabasketball2476
  • 02-10-2019
  • Mathematics
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Compute the rate of discount allowed on a lawnmower that lists for $168 and is sold for $105. The rate of discount allowed is 43 % (Round to two decimal places as needed.)

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cecylya
cecylya cecylya
  • 03-10-2019

Answer:

The rate of discount of a lawnmower is 37,5%

Step-by-step explanation:

Sale price formula is

S = p - rp

where S = sale price,

r = discount percentage rate

p = the original price.

Isolating r

r= (p-S)/p

r=  ($168- $105)/$168

r=0.375

r= 37,5%

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