4

Set 1: Percentages (Intermediate)

Explanation

Answer: C

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.

35

✓ Correct
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.