Suppose that a car normally sells for $16,500 and is now on sale for $14,000. What is the percent of discount?
1 answer:
The price has decreased by 16500 - 14000 = 2500
To find percentage increase/decrease, we divide the value difference by the original value then multiply the answer by 100
Percentage decrease = [2500 ÷ 16500] ×100 = 15.2%
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