Question

The original price of a pair ofjeans was $40. The price wasmarked down to $35. What is thepercent of decrease in the price?

Answer 1

From the question, the original price of the jeans was $40, then the price was reduced to $35. Decrease in price becomes

`40-35=5\text{ dollars }`

Percent decrease becomes

`\begin{gathered} =\frac{decrease\text{ in price}}{original\text{ price}}*100 \\ =(5)/(40)*100 \\ =(1)/(8)*100 \\ =12.5 \end{gathered}`

hence the answer is 12.5%