Question

A store owner discounted some carousel horses from $800 to $488. What percentage is the discount?

Write your answer using a percent sign (%).

Answer 1

To find the percentage discount, we first need to determine the amount of the discount and then calculate what percentage that discount is of the original price.

1. Find the amount of the discount:
\[
\text{Discount Amount} = \text{Original Price} - \text{Discounted Price}
\]
\[
\text{Discount Amount} = 800 - 488 = 312
\]

2. Next, calculate the percentage discount:
\[
\text{Percentage Discount} = \left( \frac{\text{Discount Amount}}{\text{Original Price}} \right) \times 100
\]
\[
\text{Percentage Discount} = \left( \frac{312}{800} \right) \times 100
\]
\[
\text{Percentage Discount} = 0.39 \times 100 = 39\%
\]

Therefore, the discount percentage is **39%**.