A sweatshirt that was originally priced at $42.50 has been marked down to $34.00.

What is the percent decrease?

20%
80%
25%
15%

1 answer

To calculate the percent decrease, you can use the formula:

\[ \text{Percent Decrease} = \left( \frac{\text{Original Price} - \text{New Price}}{\text{Original Price}} \right) \times 100 \]

In this case, the original price is $42.50 and the new price is $34.00.

  1. Calculate the decrease in price: \[ \text{Decrease} = 42.50 - 34.00 = 8.50 \]

  2. Now, plug this value into the percent decrease formula: \[ \text{Percent Decrease} = \left( \frac{8.50}{42.50} \right) \times 100 \]

  3. Calculate \( \frac{8.50}{42.50} \): \[ \frac{8.50}{42.50} \approx 0.2 \]

  4. Now multiply by 100 to get the percentage: \[ 0.2 \times 100 = 20% \]

Therefore, the percent decrease is 20%.