Subjects algebra

Discount Percentage Ff1483

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1. **State the problem:** A store owner discounted some rare acoustic guitars from $7,325 to $2,344. We need to find the discount percentage. 2. **Formula for discount percentage:** $$\text{Discount Percentage} = \frac{\text{Original Price} - \text{Discounted Price}}{\text{Original Price}} \times 100\%$$ 3. **Calculate the discount amount:** $$7325 - 2344 = 4981$$ 4. **Substitute values into the formula:** $$\frac{4981}{7325} \times 100\%$$ 5. **Simplify the fraction:** $$\frac{\cancel{4981}}{\cancel{7325}} \times 100\% = 0.68 \times 100\%$$ 6. **Calculate the percentage:** $$0.68 \times 100\% = 68\%$$ **Final answer:** The discount percentage is **68%**.