SOLUTION: A price decreased from $85 to $72.25. Find the percent of decrease.

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Question 35351: A price decreased from $85 to $72.25. Find the percent of decrease.
Answer by narayaba(40) About Me  (Show Source):
You can put this solution on YOUR website!
the difference between $85 and $72.25 is $12.75
The amount by which $85 is decreased to $72.25 $12.75
let the percentage decrease be x
(x/100) *85 = 12.75
x = (12.75*100)/85 = 1275/85 15
15% decrease