a store is having an inventory reduction sale so an employee marks down some antique cabinets from $2,000 to…

a store is having an inventory reduction sale so an employee marks down some antique cabinets from $2,000 to $1,160. what is the discount percentage? write your answer using a percent sign (%).

a store is having an inventory reduction sale so an employee marks down some antique cabinets from $2,000 to $1,160. what is the discount percentage? write your answer using a percent sign (%).

Answer

Explanation:

Step1: Calculate discount amount

$2000 - 1160=840$

Step2: Calculate discount percentage

$\frac{840}{2000}\times100% = 42%$

Answer:

$42%$