Answer:
9% or 0.09
Step-by-step explanation:
To find the discount rate Roland received, we can use the formula:
Discount Rate = (Original Price - Sale Price) / Original Price
In this case, the original price of the shoes is $154.00, and the sale price is $140.14.
Plugging these values into the formula, we get:
Discount Rate = (154.00 - 140.14) / 154.00
Simplifying the equation, we have:
Discount Rate = 13.86 / 154.00
Calculating the division, we find:
Discount Rate = 0.09 or 9%
Therefore, Roland received a discount rate of 9% on his purchase of the new pair of shoes.
