Question

The price of a certain pancake is $200. One
week, the price decreases by 20%. The price is
then cut by another $60. The new price is what
percent of the original price?

Answer 1

Answer:

B:  50%

Step-by-step explanation:

Original price:  $200/pancake  [Ouch]

20% decrease:  $200 - (0.20)*($200) or $200 - $40:  $160 [Better]

After $60 cut in price:  $160 - $60 = $100   [Still too expensive]

Percent of regular price:  ($100/$200) = 0.50 or 50%  [Is this currency US or Russian?]