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3 votes
Emma has been keeping an eye on an emerald ring she likes. Its original price was $3,000. After being marked down for a clearance sale, it is now $2,220. By what percent has the price of the ring gone down?

User Furi
by
8.1k points

1 Answer

5 votes

Answer:

26%

Explanation:

Original price of the emerald ring

= $3000

Price after the sale

= $2220

Decrease in amount

= $(3000 - 2220)

= $780

Percentage decrease


\\ = (\: (decrease \: in \: amount)/(original \: amount) * 100)\%


\\ = ( (780)/(3000) * 100)\%


\\ = (26)\%


\\ = 26\%

Hence, by 26% has the price of the ring gone down.

User Frederic Conrotte
by
8.0k points
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