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The discount -11.75% is equal to a discount of 47/400 of the price. (-47/400)
This is slightly less than an eighth (1/8) which is 12.50%.
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Percent as a fraction?
To change a percent into a fraction, divide the percent number by 100, and if you can, simplfy the fraction.
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47 percent into a fraction = 47/100 in fraction
What is changing a fraction to a percent called?
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