Question

a car that originally costs $17,000 is reduced to $15,500. what is the percent of decrease? round to the nearest whole number.

Answer 1

a car that originally costs $17,000

Reduced price = $15500

So the percent of decrease

$\begin{gathered} D=\frac{17000-15500}{17000}\times100 \\ D=\frac{1500}{17000}\times100 \\ D=8.82 \end{gathered}$

So the decrease is 8.82%