Question

A sofa regularly sells for $600. The sale price is $504.00. Find the percent decrease of the sale price from the regular price

Answer 1

STEP - BY - STEP EXPLANATION

What to find?

Percentage decreaase.

Given:

Original price = $600

new price = $504

Step 1

Recall the formula for percentage decrease.

`\text{ \% decrease=}\frac{decrease}{original\text{ price}}*100\text{ \%}`

Step 2

Determine the value for the dcerease.

`Decrease=new\text{ price - original price}`
`Decrease=504-600=-96`

Step 3

Substitute into the formula and simplify.

`\text{ \% decrease=-}(96)/(600)*100\text{ \%}`
`=-16\text{ \%}`

ANSWER

Percent decrease = 16% decrease