Lindsay is very excited to be getting a great deal on an iPad. It was originally \( \$ 500 \), but she will only be paying \( \$ 325 \). What percent did she save? _\%
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The Deep Dive
Lindsay is saving \( 500 - 325 = 175 \) dollars. To find the percentage saved, you can use the formula: \(\left(\frac{\text{savings}}{\text{original price}} \times 100\right)\). Plugging in the numbers: \(\left(\frac{175}{500} \times 100\right) = 35\%\). So, Lindsay saved 35% on her iPad! Now, let’s talk about why knowing percentages can be super handy! Whether you’re bargain shopping or calculating tips at a restaurant, understanding percentage savings helps you make informed decisions about your spending. It’s like having a secret weapon against overspending!
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