Question

A price was first decreased by 12%, then it was decreased again by an additional 5%. What is the percent of the total decrease?

The answer is not 17%.
Please help!!!!

10 PTS

Answer 1

83.6%

Explanation:

Let's say the original price is x

x decreased by 12% means 88% of x is left.

0.88x decreased by 5% means 95% of 0.88x is left.

This means the answer is: 0.88x * 0.95 = 0.836

The percent of the total decrease is 83.6%

Hope this helps :)

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