Answer:
The percent decrease of the sale price of the sofa from the regular price is 17%.
Explanation:
Sure! Here are the steps to find the percent decrease:
- Find the difference between the regular price and the sale price: $550 - $456.50 = $93.50
- Divide the difference by the regular price: $93.50 ÷ $550 = 0.17
- Multiply by 100 to convert to a percentage: 0.17 × 100 = 17%
The percent decrease of the sale price from the regular price is 17%.