1

Set 1: Percentages (Intermediate)

Explanation

Answer: D

PROBLEM

A price of $80 decreases by 10%. What is the new price?

A price of $80 decreases by 10%. What is the new price?

A.

144

B.

77

C.

62

D.

72

✓ Correct

Detailed Explanation

Choice D is the best answer. Decrease = 10% of 80 = 8. New price = 80 - 8 = $72

Why others are wrong:
A: 144 is incorrect because it does not satisfy the equation.
B: 77 is incorrect because it does not satisfy the equation.
C: 62 is incorrect because it does not satisfy the equation.