Question

The price of a new car is 12500reduced to 11625 what is percentage reduction

Answer 1

The price of the car is 12500, and with a discount its price is 11625. To find the percentage reduction, we need to find the reduction by subtracting the new price from the old one

`12500-11625=875`

Then, divide by the old price to find how much this reduction represents of the price

`(875)/(12500)=0.07`

And finally, rewrite as a fraction of 100 to write it as a percentage.

`0.07*(100)/(100)=(7)/(100)=7\%`

There was a 7% reduction on the car price.