Question

Last week, the price of oranges at the farmers market was $1.75 per pound . This week , the price has decrease by 20%. What is the price of the oranges this week

Answer 1

Her answer would be a dollar would be 8 dollars and 75 cents.

Answer 2

$1.40

Explanation:

Price of orange at the market = $1.75 per pound

If the price was decrease by 20%, it means the price is now 80% (100% -20%) of the old price.

Since the old price is $1.75 per pound,

The new price = 80% × $1.75

= $1.40

The price of the oranges this week is $1.40.