Question

The sale price of a spring break vacation package was 119.99 and the travel agent said by booking early you saved 50.00 find the percent decrease in price.

Answer 1

Given that the initial sale price of the package is 119.99, and the discount price when purchased early is 50, the percent decrease in price is calculated as

`\text{percent decrease = }\frac{\text{discount price}}{initialsale\text{ price}}*100`

This is evaluated to be

`(50)/(119.9)*100=(5000)/(119.9)=41.70`

Hence, the percentage decrease in price is 41.70