Answer:
38.6%
Step-by-step explanation:
Given data
Initial price = $17.95
New price = $12.95
price reduction = 17.95-12.95= $5
We can use the price reduction to calculate the percentage discount
Hence
Percentage discount =
( price reduction / initial price) *100
(5/12.95)*100
= 0.03861*100= 38.6
Percentage discount= 38.6%
