9
Answer: CSet 4: Percentages (Intermediate)
Explanation
PROBLEM
A price of $70 decreases by 10%. What is the new price?
A price of $70 decreases by 10%. What is the new price?
A.
53
B.
126
C.✓ Correct
63
D.
58
Detailed Explanation
Choice C is the best answer. Decrease = 10% of 70 = 7. New price = 70 - 7 = $63
Why others are wrong:
A: 53 is incorrect because it does not satisfy the equation.
B: 126 is incorrect because it does not satisfy the equation.
D: 58 is incorrect because it does not satisfy the equation.