GRE Prep Club Team Member
Joined: 20 Feb 2017
Posts: 2508
Given Kudos: 1053
GPA: 3.39
Re: During an off season sale, the price of television is decreased from $
[#permalink]
11 Apr 2023, 10:17
To calculate the percentage decrease in price, you can use the following formula:
Percentage decrease = ((Original price - New price) / Original price) * 100
Given that the original price is $2000 and the new price is $1800, we can plug these values into the formula and calculate the percentage decrease:
Percentage decrease = (($2000 - $1800) / $2000) * 100
Percentage decrease = ($200 / $2000) * 100
Percentage decrease = 0.1 * 100
Percentage decrease = 10%
So, the correct answer is 10%.