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Answer: ASet 2: Percentages (Intermediate)
Explanation
PROBLEM
A price of $90 decreases by 25%. What is the new price?
A price of $90 decreases by 25%. What is the new price?
A.✓ Correct
67.5
B.
77.5
C.
62.5
D.
57.5
Detailed Explanation
Choice A is the best answer. Decrease = 25% of 90 = 22.5. New price = 90 - 22.5 = $67.5
Why others are wrong:
B: 77.5 is incorrect because it does not satisfy the equation.
C: 62.5 is incorrect because it does not satisfy the equation.
D: 57.5 is incorrect because it does not satisfy the equation.