Question

An item that was selling for 72.00 is reduced to 60.00. What is the percent decrease in the price?

Answer 1

16 2/3%. 72 minus 60 is 12, then 12/72 is .16666667, then move the decimal place two spots to the right, getting 16.66666667%, remembering that .66 repeating is in fact better represented as 2/3, so 16 2/3%