SOLUTION: The price of the car was marked as $14,000. The end of the month sale has lowered the price to $12,500. What is the percent decrease to the nearest percent?

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Question 535553: The price of the car was marked as $14,000. The end of the month sale has
lowered the price to $12,500. What is the percent decrease to the nearest
percent?

Answer by fcabanski(1391) About Me  (Show Source):
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% increase or decrease is the change divided by the original price.


(14000-12500)/14000 = .10714 = appox. 11%