Question

A sofa regularly sells for 600. The sale price is 480.00. Find the percent decrease of the sale price from the regular price.

Answer 1

Answer:

-20%

Step-by-step explanation:

Regular price = $600

Current sale price = $480

To find the percentage decrease in this case, use percentage change formula;

Percentage change = $\frac{Current price - Regular price}{Regular price}$*100

Next, plug in the numbers into the formula ;

Percentage change = $\frac{(480 -600)}{600}*100 \\ \\ =\frac{-120}{600} *100\\ \\ =-0.2*100\\ \\ =-20%$

Therefore, the percentage decrease is -20%