Answer:
38%
Step-by-step explanation:
Original price = $ 80
Price after reduction = $ 49.60
Reduction = 80 - 49.60 = $30.40
Percentage of decrease = [tex]\frac{reduction price}{original price}*100[/tex]
[tex]= \frac{30.40}{80}*100\\\\=\frac{3040}{80}[/tex]
= 38%