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Chapter 3: Q. 143 (page 335)

In the following exercises, find (a) the amount of discount and

(b) the discount rate. (Round to the nearest tenth of a percent if
needed.)

Larry and Donna bought a sofa at the sale price of \(1,344.
The original price of the sofa was \)1,920.

Short Answer

Expert verified

(a) The amount of discount for sofa is$576

(b) The discount rate of the sofa is 30%

Step by step solution

01

Part (a) Step 1. Given information

Selling Price=1,344

Original price=1,920

02

Part (a) Step 2. Find discount price

Discount Price = Original Price - Selling Price

=1920-1344=576

03

Part (b) Step 1. Find the discount rate

Discount rate=DiscountOriginalprice脳100

=5761920脳100=30%

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