Question

Solve for r in this formula S= L - rL where S is the sale price, L is the list price, and r is the discount rate. an item with with a list price of $56.80 goes on sale for $36.92. find the discount rate. an item with a list price of $56.80 goes on sale for $36.92. find the discount rate

Answer 1

S = L -rL

S + rL = L

rL = L - S

r = (L - S)/L

Now substitute the given values and u will get the answer :)