A new stethoscope costs $95. You are able to purchase the stethoscope for $68.40 with your student discount. What was your student discount rate?

Question

A new stethoscope costs $95.  You are able to purchase the stethoscope for $68.40 with your student discount.  What was your student discount rate?

anonymous · Answer

discount= discount rate x list price
=$95-$68.40

=26.6

26.6=x(95)

26.6/95=95x/95

x=0.28

x=28%