Quantitative Reasoning

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  • PE1.24
  • March 5, 2015 at 4:51 pm #29726

    Ezra Halleck
    Participant

    24. A jacket that originally retailed for $89 has been marked down as part of clearance to $37. By what percent has the price been lowered?

    March 9, 2015 at 11:06 pm #29791

    christina_i
    Participant

    The jacket has been lowered by 58.42%. When rounded, it is lowered by 58%.

    March 10, 2015 at 9:15 pm #29823

    Rodriguez.Mari
    Participant

    Original price=$89
    Clearance price=$37
    89-37=52
    amount of decrease=52
    amount of decrease/original amount:
    52/89=0.58426966
    0.58426966×100=58.426966–>58%
    By 58% the price has been lowered.

    April 20, 2015 at 1:55 pm #30209

    Markella
    Participant

    To find how much the price of the jacket has been marked down:
    Subtract 89 from 37 and that leaves you with a total of 52.

    When you divide 52 by 89 you are left with 0.5842….
    multiply that by 100
    leaving you with
    58.42 rounded to 58%.

    The percentage by which the jacket has been lowered in 58%.

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