Percentage & Discount Problem with solving steps

Problem: If the price of a $90 item is discounted to $63, what percentage of the original price is the discounted price?

Solution: 

Step 1: Calculate the difference between the original price and the discounted price: $90 - $63 = $27 

Step 2: Apply the formula for percentage: Percentage = (Part / Total) * 100 

Step 3: Substitute values: Percentage = ($27 / $90) * 100 

Step 4: Calculate: Percentage ≈ 30% Step 5: Result: The discounted price ($63) is approximately 30% of the original price ($90).