Question

A sofa regularly sells for ( $ 870 ). The sale price is ( $ 783.00 ). Find the percent decrease of the sale price from the regular price. ( y )

Answer 1

The percent decrease in the sale price from the regular price of the sofa is 10%. This is calculated by subtracting the sale price from the regular price, dividing by the regular price, and then multiplying by 100 to get the percentage.

Step-by-step explanation:

To find the percent decrease of the sale price from the regular price, we need to calculate the difference between the regular price and the sale price. The formula for percent decrease is:

Percent Decrease = ((Original Price - Sale Price) / Original Price) × 100%

Using the given numbers:

1. Original Price (Regular Price) = 870
2. Sale Price = 783

Substitute these values into the formula:

Percent Decrease = ((870 - 783) / 870) × 100%

Percent Decrease = ($87 / 870) × 100%

Percent Decrease = 0.1 × 100%

Percent Decrease = 10%

Therefore, the sale price represents a 10% decrease from the regular price of the sofa.