Word Problems

Question

An electronics store offers an instant rebate when a certain computer if bought online. The retail price of the computer is $625. After the rebate is applied, the new price of the computer is $525. What percent of decrease does the rebate represent?

Answer 1

$625. After the rebate is applied, the new price of the computer is $525.

 

Original Price - discount price

---------------------------------

           Original price

 

 

625 - 525                  100

----------     =          --------  =   4/25 = 16/100 = 0.16 or 16% decrease.

    625                       625