Question

the local team won the national championship last year. at the start of the baseball season, shirts signed by the team members sold for $250. however, three months into the season, the team had anlosing record and the shirts were only selling for $75. write an equation to represent this situation. assume that the price of the shirts decreased by the same rate each month.

Answer 1

28% of 250 decrease rate

Explanation:

What is 70 of 250?

Y is 28% of 250

Equation: Y = P% * X

Solving our equation for Y

Y = P% * X

Y = 28% * 250

Converting percent to decimal:

p = 28%/100 = 0.28

Y = 0.28 * 250

Y = 70