I do not know which formula is being used for this question, please answer step by step thanks! The Hudson Record Store is having a going-out-of-business sale. CDs normally sell for $18.00.During the first week of the sale, all CDs will sell for $15.00.Written as a fraction, what is the rate of discount?What is the rate expressed as a percent?Round your answer to the nearest hundredth of a percent. During the second week of the sale, the same CDs will be on sale for 25% off the original price. What is the price of a CD during the second week of the sale?

Original Price = $18

Discounted Price = $15

Discount is $3 as 18-15 is 3.

As a fraction, the discount rate is $3/$18 also equal to $1/$6

1/6 is approximately 0.167

0.167 = 16.67%

As a percent, the discount rate is 16.67%

Using the formula,  Amount of Discount = Discount Rate · Original Price we can find the amount of discount for the 2nd week.

Let x be the amount of discount.

x = 25% · $18

x = $4.50

The amount of discount is $4.50

Calculate the cost of the CDs during the second week: $18 - $4.50 = $13.50

The price of a CD during the second week of the sale is $13.50

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eve and marks ratios are equivalent

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