Question

A sofa regularly sells for $710. The sale price is $553.80. Find the percent decrease of the sale price from the regular price.

Answer 1

Given:

A sofa regularly sells for $710.

The sale price is $553.80.

To find:

The percent decrease of the sale price from the regular price.

Solution:

We have,

`Decrease\%=\frac{\text{Regular price - Sale price}}{\text{Regular price}}* 100`

`Decrease\%=(710-553.80)/(710)* 100`

`Decrease\%=(156.2)/(710)* 100`

`Decrease\%=0.22 * 100`

`Decrease\%=22\%`

Therefore, the percent decrease of the sale price from the regular price is 22%.