Question

the price of a new car is 12500reduced to 11625 what is percentage reduction

Answer 1

The price of the car is 12500, and with a discount its price is 11625. To find the percentage reduction, we need to find the reduction by subtracting the new price from the old one

$12500-11625=875$

Then, divide by the old price to find how much this reduction represents of the price

$\frac{875}{12500}=0.07$

And finally, rewrite as a fraction of 100 to write it as a percentage.

$0.07\times\frac{100}{100}=\frac{7}{100}=7\%$

There was a 7% reduction on the car price.