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The price of a coat in a certain store is $500. If the price of the coat is to be reduced by $150, by what percent is th

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by BTGModeratorVI » Thu Dec 03, 2020 2:48 pm

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Answers

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B

C

D

E

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Difficulty—

The price of a coat in a certain store is $500. If the price of the coat is to be reduced by $150, by what percent is the price to be reduced?

(A) 10%
(B) 15%
(C) 20%
(D) 25%
(E) 30%

Answer: E
Source: official guide
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Re: The price of a coat in a certain store is $500. If the price of the coat is to be reduced by $150, by what percent i

by Scott@TargetTestPrep » Sun Dec 06, 2020 8:59 am
BTGModeratorVI wrote: ↑
Thu Dec 03, 2020 2:48 pm
 The price of a coat in a certain store is $500. If the price of the coat is to be reduced by $150, by what percent is the price to be reduced?

(A) 10%
(B) 15%
(C) 20%
(D) 25%
(E) 30%

Answer: E
Source: official guide
Solution:

We are given that the price of a coat is $500, and that the price is reduced by $150. Thus, the price is reduced by:

150/500 x 100 = 3/10 x 100 = 30 percent

Answer: E

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