A sofa regularly sells for $ 860. The sale price is $ 817.00. Find the percent decrease of the sale price from the regular price.

Answer 1

The sale price ($817) divided by the regular price ($860) = 0.95. This means that the sale price is 95% as much as the regular price. Therefore, the percent decrease of the sale price from the regular price is 100% -95%, or 5%.