problem:
Standard price $ 670,- sale discount by 30%
What is the new price?
answer:
1. step: given/wanted
given: the base value = $ 670,- the rate = 70% (100% – 30%)
wanted: part (new price)
2. step formula:
part = base * rate : 100
part = 670 * 70 : 100
part = 469 $
Answer: The reduced price is 469 $.