To determine what percent of the original price Tracey paid, follow these steps:
1. Identify the original price and the amount paid:
- Original price: $500
- Paid price: $190
2. Set up the fraction representing the portion of the original price that Tracey paid:
- Fraction of original price paid = \(\frac{\text{Paid price}}{\text{Original price}} = \frac{190}{500}\)
3. Convert the fraction into a percentage:
- To do this, multiply the fraction by 100.
- \(\frac{190}{500} \times 100\)
4. Simplify the calculation:
- First, divide 190 by 500 (performing the division gives 0.38).
- Then, multiply by 100 (0.38 \(\times 100 = 38\)).
So, Tracey paid 38% of the original price.
