Question

To attract business the manager of a sports equipment store decreased the price of a hockey stick from $500 to $440 what was the percent of decrease?20% 12% 15% 60%

Answer 1

Answer: 12%

Explanation:

12% of 500 is 60

500-60 = 440

Answer 2

For this case we can make the following rule of three:
$ 500 -----------------> 100%
440 $ -----------------> x
From here, we clear the value of x.
We have then:

`x = (440/500) * (100) x = 88`
Then, the decrement percentage is:

`100 - 88 = 12`
Answer:
the percent of decrease is:
12%