Question

The price of a sweater was reduced from $20 to $12. By what percentage was the price of the sweater reduced?

Answer 1

40%

Explanation:

Answer 2

40%

Step-by-step explanation

12 is a 40% decrease of 20.

Steps:

Percentage of decrease = |20 - 12|/20 = 8/20 = 0.4 = 40