Question

A bookstore owner decreased the prices on all books in stock by

20%. If the original price of a book is $24.95, what is the new
price rounded to the nearest cent?

Answer 1

To calculate the new price of the book after a 20% decrease, multiply the original price by 0.8 (100% - 20%). The new price of the book, rounded to the nearest cent, is $19.96.

Step-by-step explanation:

To calculate the new price of the book after a 20% decrease, we need to multiply the original price by 0.8 (100% - 20%).

$24.95 x 0.8 = $19.96 (rounded to the nearest cent).

Therefore, the new price of the book, rounded to the nearest cent, is $19.96.