given that 40% is being subtracted from the ticket price, explain why that makes the sale price 60% of the ticket price

Many people probably think that those who are good at math always do exact calculations, but we know better: estimation is actually a really useful tool, especially when it comes to things like percent discount. Suppose that you're shopping on a rack that offers 40% off the lowest ticketed price, and you're interested in a sweater with a ticket price of $47.99. 1. Given that 40% is being subtracted from the ticket price, explain why that makes the sale price 60% of the ticket price