Question

The regular price of a pair of sneakers is $80. They are on sale now for $50. What is the percent decrease in the price of sneakers?

Answer 1

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Answer:

37.5% decrease

Explanation:

The percentage change is given by the formula ...

pct change = ((new price) -(original price))/(original price) × 100%

= (50 -80)/80 × 100%

= -3/8 × 100% = -37.5%

The negative sign indicates a decrease.

The decrease in price is 37.5%.