The formula to calculate the percent rebate is:
\[ PRB = \left( \frac{RB}{OA} \right) \times 100 \]
Where:
Percent rebate is a measure used to determine the percentage of the original amount that is returned as a rebate. This calculation is commonly used in financial transactions, promotions, and discounts to understand the savings or returns provided.
Let's assume the following values:
Using the formula to calculate the percent rebate:
\[ PRB = \left( \frac{50}{200} \right) \times 100 = 25\% \]
The percent rebate is 25%.