Question

Bargain buy is having an internet sale on electronics a 60 inch television is on sale for $798 the television is regularly priced for 1,050 by what percent did the price of the television decrease

Answer 1

Price decrease = 24 %

Explanation:

Given:

Initial price of the 60 inch television = $ 1050

Final price of the same television = $ 798

We have to find by what percent did the price of the television decrease.

Let the percent decrease be "x".

Formula to be used:

⇒
`Percent\ decrease =((Initial\ price) - (Final\ price))/(Initial\ price)* 100`

Using the above formula:

And plugging the values.

⇒
`\%\ decrease =((Initial\ price) - (Final\ price))/(Initial\ price)* 100`

⇒
`\%\ decrease =((1050) - (798))/(1050)* 100`

⇒
`\%\ decrease =(252)/(1050)* 100`

⇒
`\%\ decrease =0.24* 100`

⇒
`\%\ decrease =24`

By 24 percent did the price of the television decreases.