Question

A diamond ring was reduced from $899.99 to $389.99. Find the percent reduction in the price. Round the answer to the nearest

tenth of a percent, if necessary.
The reduction in price is
%.

Answer 1

30.0% decrease.

Explanation:

A diamond ring was reduced from $999.99 to $699.99

The decrease is; $999.99 - $699.99 = $300.00

Percentage decrease = × 100

i.e percentage decrease = × 100 = 30.0003%

And it equals to 30.0% (rounded off to the nearest tenth of a percent)