Oscar purchased a new hat that was on sale for $5.06. The original price was $9.20. What percentage discount was the sale price?

Oscar purchased a new hat that was on sale for $5.06. The original price was $9.20. What percentage discount was the sale price?

Detailed Explanation

The percentage discount is the reduction in price divided by the original price. The difference between original price and sale price is:

9.20 − 5.06 = 4.14

The percentage discount is this difference divided by the original price:

4.14 ÷ 9.20 = 0.45

Convert the decimal to a percentage by multiplying by 100%:

0.45 × 100% = 45%.

9.20 − 5.06 = 4.14

The percentage discount is this difference divided by the original price:

4.14 ÷ 9.20 = 0.45

Convert the decimal to a percentage by multiplying by 100%:

0.45 × 100% = 45%.