Tracey paid \( \$ 155 \) for an item that was originally priced at \( \$ 530 \). What percent of the original price did Tracey pay? Round to the nearest tenth of a percent. percent Submit Question

To find the percentage of the original price that Tracey paid, we can use the formula: \[ \text{Percentage} = \left( \frac{\text{Amount Paid}}{\text{Original Price}} \right) \times 100 \] Given: - Amount Paid = $155 - Original Price = $530 Substitute the values into the formula: \[ \text{Percentage} = \left( \frac{155}{530} \right) \times 100 \] Now, we can calculate the percentage. Calculate the value by following steps: - step0: Calculate: \(\left(\frac{155}{530}\right)\times 100\) - step1: Reduce the fraction: \(\frac{31}{106}\times 100\) - step2: Reduce the numbers: \(\frac{31}{53}\times 50\) - step3: Multiply: \(\frac{31\times 50}{53}\) - step4: Multiply: \(\frac{1550}{53}\) Tracey paid approximately 29.2% of the original price of $530.