A store is having an inventory reduction sale, so an employee marks down some crystal sculptures from $700 to $567. What is the discount percentage?
Write your answer using a percent sign (%).
To find the discount percentage, we can use the formula:
Discount percentage = (discount amount/original price) x 100
The discount amount is the difference between the original price and the sale price, which is $700 - $567 = $133.
Now, let's plug the values into the formula:
Discount percentage = ($133/$700) x 100 = 19%
Therefore, the discount percentage is 19%.