Question

A sweater normally sells for $87.25. It is Marked Down to $50.25 during asale. What is the Percent Decrease in the price of the sweater? Round tothe nearest whole percent?

Answer 1

The selling price of sweater is $87.25.

The marked price of sweater is $50.25.

Determine the amount by which price of sweater decreases.

`\begin{gathered} d=87.25-50.25 \\ =37 \end{gathered}`

Determine the percent decrease in price of sweater.

`\begin{gathered} \text{Percent decrease=}(37)/(87.25)*100 \\ =0.4240\cdot100 \\ =42.4 \\ \approx42 \end{gathered}`

So price of sweater decrease by 42% (decrease).