Answer: Let x = percent (as decimal) 2.80 - 2.80x = 2.73 2.80x represents the price decrease. Next, we solve for x. -2.80x = -0.07 Divide both sides of the equation by -2.80. x = 0.025 Finally, multiply this by 100. x = 2.5 Percent decrease is 2.5%
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