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A furniture store reduces the retail price of a sofa from $800 to $600

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A furniture store reduces the retail price of a sofa from $800 to $600  [#permalink]

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New post 28 Mar 2018, 02:51
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A furniture store reduces the retail price of a sofa from $800 to $600. By what percent is the price of the sofa reduced?

(A) 25%
(B) 30%
(C) 35%
(D) 60%
(E) 75%

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Re: A furniture store reduces the retail price of a sofa from $800 to $600  [#permalink]

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New post 28 Mar 2018, 04:00
Bunuel wrote:
A furniture store reduces the retail price of a sofa from $800 to $600. By what percent is the price of the sofa reduced?

(A) 25%
(B) 30%
(C) 35%
(D) 60%
(E) 75%


The retail price of the sofa reduces by $200($800 - $600)

Therefore, the price of the sofa was reduced by \(\frac{200}{800} * 100 = 25\)% (Option A)
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Re: A furniture store reduces the retail price of a sofa from $800 to $600  [#permalink]

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New post 29 Mar 2018, 17:24
Bunuel wrote:
A furniture store reduces the retail price of a sofa from $800 to $600. By what percent is the price of the sofa reduced?

(A) 25%
(B) 30%
(C) 35%
(D) 60%
(E) 75%


The percent reduction is:

(600 - 800)/800 x 100

-200/800 x 100 = -200/8 = -25%

Answer: A
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Re: A furniture store reduces the retail price of a sofa from $800 to $600  [#permalink]

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New post 30 Mar 2018, 04:54
Bunuel wrote:
A furniture store reduces the retail price of a sofa from $800 to $600. By what percent is the price of the sofa reduced?

(A) 25%
(B) 30%
(C) 35%
(D) 60%
(E) 75%


Formula of percent change (New value - Previous value)/ Previous value

Percent change = (600 - 800)/ 800 = - 200 / 800 = - 1/4 = -0.25 ...............Negative sign means reduction.

Answer: A
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Re: A furniture store reduces the retail price of a sofa from $800 to $600  [#permalink]

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New post 30 Mar 2018, 05:06
This can be treated as ratios:
200/800 = 1/4 = 0.25
25% is the ans.
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Re: A furniture store reduces the retail price of a sofa from $800 to $600  [#permalink]

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New post 03 Apr 2018, 10:04
Bunuel wrote:
A furniture store reduces the retail price of a sofa from $800 to $600. By what percent is the price of the sofa reduced?

(A) 25%
(B) 30%
(C) 35%
(D) 60%
(E) 75%


Old price = $800

New price = $600

% reduction in the price = \(\frac{(800 - 600)}{800}\)

\(25\)%

Hence (A)
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Re: A furniture store reduces the retail price of a sofa from $800 to $600 &nbs [#permalink] 03 Apr 2018, 10:04
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