Question

The price of an item has been reduced by 30%. The original price was $70. What is the price of the item now?

Answer 1

Answer:

$41.25

Step-by-step explanation:

We can use this formula to solve this problem:

s

=

p

−

(

d

×

p

)

Where:

s

is the sales price: what we are solving for in this problem.

p

is the original price: $55 for this problem.

d

is the discount rate: 25% for this problem. "Percent" or "%" means "out of 100" or "per 100", Therefore 25% can be written as  

25

100

.

Substituting and calculating  

s

gives:

s

=

$

55

−

(

25

100

×

$

55

)

s

=

$

55

−

$

1375

100

s

=

$

55

−

$

13.75

s

=

$

41.25

Answer 2

Answer:

$\frac{30}{100} \times 70 \\ 21 \\ 70 - 21 \\ 49$