6
Answer: CSet 1: Percentages (Intermediate)
Explanation
PROBLEM
A price of $140 decreases by 20%. What is the new price?
A price of $140 decreases by 20%. What is the new price?
A.
122
B.
102
C.✓ Correct
112
D.
107
Detailed Explanation
Choice C is the best answer. Decrease = 20% of 140 = 28. New price = 140 - 28 = $112
Why others are wrong:
A: 122 is incorrect because it does not satisfy the equation.
B: 102 is incorrect because it does not satisfy the equation.
D: 107 is incorrect because it does not satisfy the equation.