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# If an item has a retail price = $475 and a discount of $45, what percentage discount is offered?

**Solution:**

It is given that

Retail price = $475

Discount = $45

The percentage of change can be found by the following equation

= 100 - 100.(Retail price - discount)/Retail price

Substituting the values

= 100 - 100 . (475 - 45)/ 475

= 100 - 100 . 430/475

So we get

= 100 - 100 (0.905263)

= 9.47%

Therefore, the percentage discount offered is 9.47%.

## If an item has a retail price = $475 and a discount of $45, what percentage discount is offered?

**Summary:**

If an item has a retail price = $475 and a discount of $45, the percentage discount offered is 9.47%.

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