SOLUTION: A gallon of paint that regularly sells for $20 was reduced to $15.00. By what percentage was the price reduced? a. 75% b. 40% c. 33 1/3% d. 25%

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Question 56215: A gallon of paint that regularly sells for $20 was reduced to $15.00. By what percentage was the price reduced?

a. 75%
b. 40%
c. 33 1/3%
d. 25%


Answer by funmath(2873) About Me  (Show Source):
You can put this solution on YOUR website!
A gallon of paint that regularly sells for $20 was reduced to $15.00. By what percentage was the price reduced?

a. 75%
b. 40%
c. 33 1/3%
d. 25%
In algebra talk:
let the original price be:20
The discount is x
The sale price is: 15
The equaltion is:
20-x(20)=15
-20+20-20x=15-20
-20x=-5
x=-5%2F-20=1%2F4=.25
In percentage that would be: .25(100%)=25% (d)
:
By thinking it through, you can figure it out without algebra:
You are paying:
15%2F20=3%2F4=.75(100%)=75% that means the discount was 100%-75%=25%. (d)
Happy Calculating!!!