Lianne went shopping and bought a pair of shoes that was on sale for P350.00. If the original price of the shoes was P500.00, what was the rate of discount?
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r = 1.43%
Given:
P = 500
b = 350
r = ?
Solution:
r = P/b
r = 500/350
r = 10/7
r = 1.43%
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