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Question
- at a hardware store, a tool set normally costs $80. during a sale this week, the tool set costs $12 less than usual. what percentage of the usual price is the savings? explain or show your reasoning.
Step1: Identify values for calculation
Usual price = $\$80$, Savings = $\$12$
Step2: Calculate savings percentage
Divide savings by usual price, multiply by 100:
$\text{Percentage} = \frac{12}{80} \times 100$
Step3: Simplify the expression
$\frac{12}{80} = 0.15$, so $0.15 \times 100 = 15$
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