7
Answer: ASet 5: Percentages (Intermediate)
Explanation
PROBLEM
A price of $70 decreases by 25%. What is the new price?
A price of $70 decreases by 25%. What is the new price?
A.✓ Correct
52.5
B.
62.5
C.
42.5
D.
47.5
Detailed Explanation
Choice A is the best answer. Decrease = 25% of 70 = 17.5. New price = 70 - 17.5 = $52.5
Why others are wrong:
B: 62.5 is incorrect because it does not satisfy the equation.
C: 42.5 is incorrect because it does not satisfy the equation.
D: 47.5 is incorrect because it does not satisfy the equation.