SOLUTION: the cost of an item was 53.00 and was reduced to 39.00. What is the percentage it was reduced by?

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Question 739259:
the cost of an item was 53.00 and was reduced to 39.00. What is the percentage it was reduced by?
Answer by checkley79(3341) About Me  (Show Source):
You can put this solution on YOUR website!
(53-39)/53=14/53=.2642 OR 26.42% REDUCTION.