4

Set 2: Percentages (Intermediate)

Explanation

Answer: A

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.

67.5

✓ Correct
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.