Question

The price of a car has been reduced from $19,500 to $16,770. What is the percentage decrease of the price of the car?

Answer 1

The answer is 14%

Explanation:

1) Divide 19500 by 16770

16770/19500= 0.86

2) Multiply by 100 (this is the percentage between the original and find prices of the car)

0.86(100)= 86%

3) Subtract 86% from 100% to find the change in percentage

100-86= 14%

Therefore, the percentage decrease of the price of the car is 14%.

Hope this helps!

Answer 2

so the price difference is 19500 - 16770 = 2730.

if we take 19500 to be the 100%, what is 2730 off of it in percentage?

`\bf \begin{array}{ccll} amount&\%\\ \cline{1-2} 19500&100\\ 2730&x \end{array}\implies \cfrac{19500}{2730}=\cfrac{100}{x}\implies \cfrac{50}{7}=\cfrac{100}{x}\implies 50x=700 \\\\\\ x=\cfrac{700}{50}\implies x=14`