Carcass wrote:
The price of a coat in a certain store is $500. If the price of the coat is to be reduced by $150, by what percent is the price to be reduced?
(A) 10%
(B) 15%
(C) 20%
(D) 25%
(E) 30%
Original price of the coat = $500
Price is reduced by $150
To find the percent reduction, we must convert 150/500 to a percent.
Take 150/500 and divide the numerator and denominator by 5 to get the equivalent fraction 30/100, which equals 30%
Answer: E
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Brent Hanneson - founder of Greenlight Test Prep