Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - Chapter Summary, Review, and Test - Review Exercises - Page 569: 17

Answer

35% decreases

Work Step by Step

Compute the percentage decrease in the sale price of the dictionary as shown below: $\begin{align} & \text{Percentage decrease}=\frac{\text{Amount of decrease}}{\text{Original amount}} \\ & =\frac{\$56.00-\$36.40}{\$56.00}\\&=\frac{19.6}{56}\\&=0.35\end{align}$ Move decimals to two places right in the resultant figure and add % to it as follows: 35%
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