Store sells a running suit for $35. Joey found the same suit online for $29. What is the percent decrease to the nearest percent?

1 Answer
Jan 9, 2017

The price decrease to the nearest percent is 17%

Explanation:

The formula for determining the percentage change is:

p = (N - O)/O * 100

Where:

p is the percentage change - what we need to calculate
N is the New price - $29 for this problem
O is the Old price - $35 for this problem

Substituting and calculating p gives:

p = (29 - 35)/35 * 100

p = -6/35 * 100

p = -600/35

p = 17 rounded to the nearest percent.