Set 3: Percentages (Intermediate)

[Variation 1] **Choice D is the best answer.** Decrease = 25% of 90 = 22.5. New price = 90 - 22.5 = 67.5 dollars

Explanation

Answer: D

PROBLEM

Recent studies show that a price of $90 decreases by 25%. What is the new price?

A price of $90 decreases by 25%. What is the new price?

57.5

72.5

77.5

67.5

✓ Correct

Detailed Explanation

[Variation 1] Choice D is the best answer. Decrease = 25% of 90 = 22.5. New price = 90 - 22.5 = $67.5

Why others are wrong:

A: 57.5 is incorrect because it does not satisfy the equation.

B: 72.5 is incorrect because it does not satisfy the equation.

C: 77.5 is incorrect because it does not satisfy the equation.