Question

Find the marked price and the rate of discount for a microwave whose price has been reduced by ​$37 and whose sale price is ​$413.

Answer 1

Answer:

8%

Step-by-step explanation:

37+413=450

37/450=0.0822222222 = 8%

Answer 2

Answer:

This lesson introduces you to comparing quantities like :

Ratios and PercentagesIncrease or Decrease PercentDiscountsEstimation in percentagesPrices related to buying and sellingSales Tax / Value Added TaxRecalling Ratios and Percentages

Ratio means comparing two quantities. A basket has two types of fruits, say, 20 apples and 5 oranges.

Then, the ratio of the number of oranges to the number of apples =5 :20.

The comparison can be done by using fractions as, .

The number of oranges are  th the number of apples.

In terms of ratio, this is 1 : 4, read as, “1 is to 4” or Number of apples to number of oranges   which means, the number of apples are 4 times the number of oranges.

This comparison can also be done using percentages. 

Percent means ‘per hundred’ or out of hundred. Percentage is another way of comparing ratios that compares to hundred.

There are 5 oranges out of 25 fruits. So percentage of oranges is