Store sells a running suit for $35. Joey found the same suit online for $29. What is the percent decrease to the nearest percent?

1 Answer
Jan 9, 2017

Answer:

The price decrease to the nearest percent is 17%

Explanation:

The formula for determining the percentage change is:

#p = (N - O)/O * 100#

Where:

#p# is the percentage change - what we need to calculate
#N# is the New price - $29 for this problem
#O# is the Old price - $35 for this problem

Substituting and calculating #p# gives:

#p = (29 - 35)/35 * 100#

#p = -6/35 * 100#

#p = -600/35#

#p = 17# rounded to the nearest percent.