Set 3: Percentages (Intermediate)

[Variation 1] **Choice A is the best answer.** Decrease = 20% of 140 = 28. New price = 140 - 28 = 112 dollars

Explanation

Answer: A

PROBLEM

Recent studies show that a price of $140 decreases by 20%. What is the new price?

A price of $140 decreases by 20%. What is the new price?

112

✓ Correct

107

102

117

Detailed Explanation

[Variation 1] Choice A is the best answer. Decrease = 20% of 140 = 28. New price = 140 - 28 = $112

Why others are wrong:

B: 107 is incorrect because it does not satisfy the equation.

C: 102 is incorrect because it does not satisfy the equation.

D: 117 is incorrect because it does not satisfy the equation.