Concept explainers
The price of the truck was advertised as $19,900. After talking with the salesperson, Jack agreed to pay $18,200 for the truck. What is the percent decrease to the nearest percent?
To find: The percent decrease to the nearest percent.
Answer to Problem 10P
9%
Explanation of Solution
Given information:
The price of the truck was advertised as $ 19,900. After talking with the salesperson, Jack agreed to pay $18,200 for the truck.
Calculation:
Since new amount is less than original amount, so the percent change is a decrease.
Original price of the truck = $19,900
New price of the truck= $18200
The percent decrease is
Thus, percent decrease is 9%.
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