Question

A clothing company is running a special sale and is discounting all items in the store. For each price change described below, do the following: state the percent change in the price, state the number we can multiply the original price by to determine the new price, and determine the new price (in dollars). Item A: The original price was $98 and the item is on sale for 15% off. What is the percent change in the price? What number can we multiply the original price by to determine the new price? What is the new price (in dollars)?

Answer 1

The percent change in the price is 15%. The number we can multiply the original price by to determine the new price is 0.85. The new price is $83.30.

Step-by-step explanation:

To find the percent change in the price, we need to calculate 15% of the original price of $98. We can do this by multiplying the original price by 0.15. So, the percent change is 15%.

To determine the new price, we need to subtract the discount from the original price. We can calculate the discount by multiplying the original price by 0.15 and subtracting it from the original price.

So, the new price is $98 - ($98 * 0.15) = $83.30.