QuestionJuly 21, 2025

18. The Cozy Chair Company believes it can chairs at 150 per chair. What do they tl initial price is 200 2.5 0.5 2 ) 0.32

18. The Cozy Chair Company believes it can chairs at 150 per chair. What do they tl initial price is 200 2.5 0.5 2 ) 0.32
18.
The Cozy Chair Company believes it can
chairs at 150 per chair. What do they tl
initial price is 200
2.5
0.5
2
) 0.32

Solution
4.2(189 votes)

Answer

25% Explanation 1. Identify the Problem Determine the percentage decrease in price from \200 to \150. 2. Calculate the Decrease The decrease is \200 - \150 = \50. 3. Calculate the Percentage Decrease Use the formula for percentage decrease: **Percentage Decrease = \frac{\text{Decrease}}{\text{Original Price}} \times 100**. Substitute values: **\frac{50}{200} \times 100 = 25\%**.

Explanation

1. Identify the Problem<br /> Determine the percentage decrease in price from \$200 to \$150.<br /><br />2. Calculate the Decrease<br /> The decrease is \$200 - \$150 = \$50.<br /><br />3. Calculate the Percentage Decrease<br /> Use the formula for percentage decrease: **Percentage Decrease = \frac{\text{Decrease}}{\text{Original Price}} \times 100**.<br /> Substitute values: **\frac{50}{200} \times 100 = 25\%**.
Click to rate:

Similar Questions