4
Answer: CSet 1: Percentages (Intermediate)
Explanation
PROBLEM
A price of $70 decreases by 50%. What is the new price?
A price of $70 decreases by 50%. What is the new price?
A.
25
B.
70
C.✓ Correct
35
D.
45
Detailed Explanation
Choice C is the best answer. Decrease = 50% of 70 = 35. New price = 70 - 35 = $35
Why others are wrong:
A: 25 is incorrect because it does not satisfy the equation.
B: 70 is incorrect because it does not satisfy the equation.
D: 45 is incorrect because it does not satisfy the equation.