Question

The price of a shirt is marked down from $12.50 to $10,00. What is the percent decrease of the shirt?

Answer 1

Answer: 20%.

Explanation:

Given, The price of a shirt is marked down from $12.50 to $10.00.

Previous price = $12.50

New price = $10.00

Change in price = Previous price - New price

= $12.50 - $10.00

= $2.50

Now, the percent decrease of the shirt =
`\frac{\text{Change in price}}{\text{Prevoius price}}*100`

`=(2.50)/(12.50)*100\\\\=20\%`

Hence, the percent decrease of the shirt = 20%.