SOLUTION: $80 is reduced in a sale to $64. By what percentage has the jacket been reduced?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: $80 is reduced in a sale to $64. By what percentage has the jacket been reduced?      Log On


   

Question 856012: $80 is reduced in a sale to $64. By what percentage has the jacket been reduced?
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
The difference is 80-64 = 16

Divide this difference by the original price to get 16/80 = 1/5 = 0.20

Then multiply 0.20 by 100 to get 20%

So the answer is 20%