AmereI209021 AmereI209021
  • 03-11-2022
  • Mathematics
contestada

A company that owed $2,000 paid early and got a $40 discount. What fraction of the amount owed was the discount? (Express As Fraction)

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EmmyT245573 EmmyT245573
  • 03-11-2022

In order to find the fraction of the amount that the discount represents, we just need to divide the discount amount by the total value:

[tex]\frac{40}{2000}[/tex]

Now, to simplify this fraction, we can divide the numerator and denominator by 40:

[tex]\frac{40}{2000}=\frac{40\colon40}{2000\colon40}=\frac{1}{50}[/tex]

So the discount is 1/50 of the value paid.

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