Question

The sale price of a spring break vacation package was $209.99 the travel agent said by booking early you saved $20.00. Find the percent decrease in price

Answer 1

Answer:

$\%\ decrease = 9.52\%$

Step-by-step explanation:

Given

$Sales\ Price = \ 209.99$

$Saved = \ 20.00$

Required

Determine the %decrease

First, we need to determine the amount paid

$Amount = Sales\ Price - Amount\ Saved$

$Amount = \ 209.99 - \ 20.00$

$Amount = \ 189.99$

The percentage decrease is the calculated as follows:

$\%\ decrease = -100\% * \frac{Final - Initial}{Initial}$

In this case;

$Initial = Sales\ Price = \ 209.99$

$Final = Amount\ Paid = \ 189.99$

So; we have:

$\%\ decrease = -100\% * \frac{189.99 - 209.99}{209.99}$

$\%\ decrease = -100\% * \frac{-20}{209.99}$

$\%\ decrease = 100\% * \frac{20}{209.99}$

$\%\ decrease = \frac{2000\%}{209.99}$

$\%\ decrease = 9.52426306015\%$

$\%\ decrease = 9.52\%$ (Approximated)