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Note: Enter your answer and show all the steps that you use to solve this problem in the space provided.

Two stores carry a similar stereo for the same original price of $573. One store offers a 16% discount and the second store sells the stereo for $458.40. Which store gives the bigger percent discount? Justify your answer.

2 answers

The first store gives the bigger percent discount.

To calculate the percent discount, we can use the formula:

Discount % = (Original Price - Discounted Price) / Original Price x 100

For the first store:
Discount % = (573 - 473.68) / 573 x 100
Discount % = 99.16%

For the second store:
Discount % = (573 - 458.40) / 573 x 100
Discount % = 20.04%

Since the first store has a discount of 99.16%, which is greater than the 20.04% discount of the second store, the first store gives the bigger percent discount.
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