Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - 8.1 Percent, Sales Tax and Discounts - Exercise Set 8.1 - Page 495: 7

Answer

2.5%

Work Step by Step

$\frac{1}{40}$ = $1\div40$ = 0.025 0.025 x 100 = 2.5%
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