Question

The new iPhone costs $900, but is now on sale for $720. By what percent was the price decreased?

A. 10%
B. 15%
C. 20%
D. 25%

Answer 1

The price of the new iPhone was decreased by 20%.

Step-by-step explanation:

To find the percent decrease, you need to calculate the difference between the original price and the sale price, and then divide that difference by the original price.

Step 1: Calculate the difference between the original price ($900) and the sale price ($720):

$900 - $720 = $180

Step 2: Divide the difference by the original price:

$180 / $900 = 0.2

Step 3: Multiply the result by 100 to get the percentage:

0.2 x 100 = 20%

So, the price of the new iPhone was decreased by 20%.