Question

Bargain buy is having an internet sale on electronics a 60 inch television is on sale for $798 the television is regularly priced for 1,050 by what percent did the price of the television decrease

Answer 1

Answer:

Price decrease = 24 %

Step-by-step explanation:

Given:

Initial price of the 60 inch television = $ 1050

Final price of the same television = $ 798

We have to find by what percent did the price of the television decrease.

Let the percent decrease be "x".

Formula to be used:

⇒ $Percent\ decrease =\frac{(Initial\ price) - (Final\ price)}{Initial\ price}\times 100$

Using the above formula:

And plugging the values.

⇒ $\%\ decrease =\frac{(Initial\ price) - (Final\ price)}{Initial\ price}\times 100$

⇒ $\%\ decrease =\frac{(1050) - (798)}{1050}\times 100$

⇒ $\%\ decrease =\frac{252}{1050}\times 100$

⇒ $\%\ decrease =0.24\times 100$

⇒ $\%\ decrease =24$

By 24 percent did the price of the television decreases.