what does 50 cent to the dollar mean ?

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Bilgili
What does 50 Cent to the dollar mean?
The formula is simple: Cents on the dollar= (Value–Cost)/Value If your result is 0.5, your ratio is “50 cents on the dollar” and you are paying 50 cents for every dollar — a 50% discount. If your result is 1.5, your ratio is “150 cents on the dollar” and you are paying $1.
 
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