Question

What is the percent of change in the cost of a DVD set that originally sold for$69.99 and is now on sale for $44.99? Round your answer to the nearest whole number.

Answer 1

Answer: 36%; yes, the % change is equal to the percent discount

Explanation:

Initial price = $69.99

Final price = $44.99

change in price = |(final - initial)|

change in price = |(44.99 - 69.99)|

change in price = $25

25/69.99 = x/100

100(25/69.99) = x

100(0.357) = x

35.7% = x

x = 36%