Get comprehensive answers to your questions with the help of IDNLearn.com's community. Ask any question and get a detailed, reliable answer from our community of experts.
The selling price of sweater is $87.25.
The marked price of sweater is $50.25.
Determine the amount by which price of sweater decreases.
[tex]\begin{gathered} d=87.25-50.25 \\ =37 \end{gathered}[/tex]Determine the percent decrease in price of sweater.
[tex]\begin{gathered} \text{Percent decrease=}\frac{37}{87.25}\times100 \\ =0.4240\cdot100 \\ =42.4 \\ \approx42 \end{gathered}[/tex]So price of sweater decrease by 42% (decrease).