A sofa regularly sells for $ 500. The sale price is $ 415.00. Find the percent decrease of the sale price from the regular price.

Question

A sofa regularly sells for $ 500. The sale price is $ 415.00. Find the percent decrease of the sale price from the regular price.

Answer 1

the underlying formula that you want to use to solve here is

percent decrease = (regular price - sales price) / regular price x 100% ... which for this scenario means

=(500 - 415) / 500 x 100%

=85/500 x 100%

=0.17 x 100

=17%

Answer 2

(500 - 415) / 500 = ?