The owner of a furniture store decides to reduce the price of a sofa from $800 to $560. By what percentage was the price of the sofa reduced?(1 point)
Responses
25%
25%
30%
30%
35%
35%
40%
3 answers
30%
are you sure? if so explain
Yes, I am sure. Here is the explanation:
To find the percentage decrease, you can use the formula:
Percentage decrease = [(Original price - New price) / Original price] x 100%
Using the given values:
Original price = $800
New price = $560
Percentage decrease = [($800 - $560) / $800] x 100%
Percentage decrease = ($240 / $800) x 100%
Percentage decrease = 0.3 x 100%
Percentage decrease = 30%
Therefore, the price of the sofa was reduced by 30%.
To find the percentage decrease, you can use the formula:
Percentage decrease = [(Original price - New price) / Original price] x 100%
Using the given values:
Original price = $800
New price = $560
Percentage decrease = [($800 - $560) / $800] x 100%
Percentage decrease = ($240 / $800) x 100%
Percentage decrease = 0.3 x 100%
Percentage decrease = 30%
Therefore, the price of the sofa was reduced by 30%.
3 answers