SOLUTION: Music cd's are on sale. The original price was $ 20.00. The sale price is $ 25.00. What is the percent saving?

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: Music cd's are on sale. The original price was $ 20.00. The sale price is $ 25.00. What is the percent saving?      Log On


   

Question 367731: Music cd's are on sale. The original price was $ 20.00. The sale price is $ 25.00. What is the percent saving?
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
I think you mean the original price is $25, sale price is $20.
%=(New-Old)/Old=(20-25)/25=5/25=-20%
20% reduction in price.