Answer:
Marked price is $ 508 and rate of discount is 15.72%
Step-by-step explanation:
Given,
Selling price = $ 439,
Discount or reduction in price = $ 69,
Thus, marked price = selling price + reduction,
= 439 + 69
= $ 508,
Rate of discount = [tex]\frac{\text{Discount}}{\text{Marked price}}\times 100[/tex]
[tex]=\frac{69}{439}\times 100[/tex]
[tex]=\frac{6900}{439}[/tex]
[tex]\approx 15.72\%[/tex]
