# A discount tire company is having a sale on snow tires. If the price of an individual snow tire was $45.00, what is the new price if you only have to pay 60%?

##### 1 Answer

Feb 4, 2017

#### Answer:

The new price would be $27.00

#### Explanation:

We can rewrite this problem as what is 60% of $45.00?

"Percent" or "%" means "out of 100" or "per 100", Therefore 60% can be written as

When dealing with percents the word "of" means "times" or "to multiply".

Finally, lets call the new price we are looking for "n".

Putting this altogether we can write this equation and solve for