Question

An airline ticket was reduced from USD 4 700 to USD $3 600. Help Lia to Calculate her percentage benefit from the reduction.

show me the way step by step

Answer 1

4700-3600=$1100 is the actual saving.

1100/4700=11/47 is the saving as a fraction of the original price.

11/47×100=23.4% approximately, converting the fraction into a percentage.

Another way to solve it is to first calculate 3600/4700=36/47.

Then convert to percentage: 36/47=0.766, 0.766×100=76.6%, which is a saving of 100-76.6=23.4% where 100% represents the original price of $4700.