4
Answer: BSet 4: Percentages (Intermediate)
Explanation
PROBLEM
Intriguingly, a price of $140 decreases by 20%. What is the new price?
A price of $140 decreases by 20%. What is the new price?
A.
117
B.✓ Correct
112
C.
122
D.
107
Detailed Explanation
[Variation 2] Choice B is the best answer. Decrease = 20% of 140 = 28. New price = 140 - 28 = $112
Why others are wrong:
A: 117 is incorrect because it does not satisfy the equation.
C: 122 is incorrect because it does not satisfy the equation.
D: 107 is incorrect because it does not satisfy the equation.