9

Set 1: Percentages (Intermediate)

Explanation

Answer: A

PROBLEM

A price of $130 decreases by 10%. What is the new price?

A price of $130 decreases by 10%. What is the new price?

A.

117

✓ Correct
B.

234

C.

127

D.

107

Detailed Explanation

Choice A is the best answer. Decrease = 10% of 130 = 13. New price = 130 - 13 = $117

Why others are wrong:
B: 234 is incorrect because it does not satisfy the equation.
C: 127 is incorrect because it does not satisfy the equation.
D: 107 is incorrect because it does not satisfy the equation.