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The price of a mobile phone decreased from $375 to $250 during a clearance sale. What is the percent of decrease in the price? Round to the nearest percent, if necessary. A. 32% B. 33% C. 50% D. 83%
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To find percent increase or percent decrease, do this: \(percent~change = \dfrac{new~amount - old~amount}{old~amount} \times 100\) If the answer is negative, it's a percent decrease. If the percent is positive, it's a percent increase.
In your case, old amount = $375 new amount = $250 Just substitute those values in the formula above and find the percent change.
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