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An advertisement states that a television originally priced at 300 has now been reduced by 30%. What is the new price?
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First of all, what is 30% of $300?
90
Right. Hence by how many $ is the price reduced?
90 dollars?
Yes. Therefore, what is the new price, after the reduction?
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90
No, the old price was $300. This is reduced by $90. Hence the new price is .... what?
oh 210
Yes, $210. Notice this is also 70% of $300. This makes sense, as the new price is (100-30)% of $300; i.e., 70% of $300.
thank you (:
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