SOLUTION: 1) A price decreased from $60 to $45. Find the percent of decrease. 2) The price in dollars p minus a 15% discount is $3.50. find p

Question 397656: 1) A price decreased from $60 to $45. Find the percent of decrease.
2) The price in dollars p minus a 15% discount is $3.50. find p
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
1) A price decreased from $60 to $45. Find the percent of decrease.
Quantity decrease = $15
Percent decrease = 15/60 = 25%
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2) The price in dollars p minus a 15% discount is $3.50. find p
p - 0.15p = 3.50
---
p(0.85) = 3.50
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p = 3.50/(0.85)
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p = $4.12
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Cheers,
Stan H.
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