Final answer:
The percent decrease is 9.7%.
Step-by-step explanation:
To find the percent decrease, we need to calculate the difference between the original price and the new price, and then divide it by the original price. In this case, the original price is $48.50 and the new price is $38.80. The difference is $48.50 - $38.80 = $9.70. Dividing $9.70 by $48.50 and multiplying by 100 gives us the percent decrease: 9.7%
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