Percentage Discount given an Original Price of $24,500 and a Sale Price of $20,335

Discount Rate = 1 –  
Discount Rate = 1 – 0.83
Discount Rate = 0.17
0.17 Converted to a Percent: 0.17 = 17%
Percentage Discount given an Original Price of $24,500 and a Sale Price of $20,335 = 17%
Note: Reduction in Price = $24,500 – $20,335 = $4,165