Question

g Dissmore's has reduced prices by 17% on everything to thank their customers for their patronage. If Ben & Jerry's ® Phish Food TM ice cream cost $2.99 before the price reduction, how much does it cost now? (Round your answer to the nearest penny.)

Answer 1

Answer:

Ice cream after price reduction costs $ 2.5

Explanation:

Because to know the value of the price to be discounted we must know how much 17% is equivalent, we find out that value with a simple three rule like that;

100% --> $ 2.99

17%   ---> X

then we find the value of X;

17 × 2.99 = 100 × X

$\frac{17* 2.99}{100}$= X

0.5083 = X (this is the value to be discounted)

so we subtract this from the value before reduction

2.99 - 0.5083 = 2.5

So we have the ice cream after reducing the price by 17%, it will cost $ 2.5