anonymous
  • anonymous
Find the new price of an item that originally cost $15,000 and has a percent of decrease of 5 %.
Algebra
  • Stacey Warren - Expert brainly.com
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SOLVED
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chestercat
  • chestercat
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asnaseer
  • asnaseer
original price represents 100%. so 100% = $15,000. price drop of 5% means the price is now 95% of the original. so you can either find 95% of $15,000 and that would be your answer, or, you can find 5% of $15,000 and then subtract that from $15,000 to get the answer.
asnaseer
  • asnaseer
@Luis - the question states that the original price is $15,000 - not the decreased price. and decreasing by 5% will give you 95% not 85% (i.e. 0.95 not 0.85).
gw2011
  • gw2011
There are two ways to solve this problem: 1) (0.95)(15,000)=$14,250 2) $15,000-(0.05)(15,000)=$15,000-750=$14,250

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