Answer:
The percentage decrease of sale price from regular price is equal to 10%
Solution:
The regular sale price of the sofa, as mentioned in the question, is equal to $420.
The current sale price of the sofa is equal to $378
Thus, the difference in price is equal to:
Regular Price - Selling Price = 420 - 378 = 42
The percentage decrease of the sale price from regular price is equal to
![\text { percentage decrease }=\frac{\text { Difference in Price }}{\text { Regular Price }} * 100](https://img.qammunity.org/2020/formulas/mathematics/middle-school/6lrmh5tpjsxvxp9ilnsx6x27rh2c0p828o.png)
![(42)/(420) * 100=10](https://img.qammunity.org/2020/formulas/mathematics/middle-school/858e0osc1cxp6jcpvfoa206o2xxtwgxntw.png)
Therefore, the percentage decrease of sale price i.e., $ 378 from regular price $ 420 is equal to 10%.