Question

g Dissmore's has reduced prices by 17% on everything to thank their customers for their patronage. If Ben & Jerry's ® Phish Food TM ice cream cost $2.99 before the price reduction, how much does it cost now? (Round your answer to the nearest penny.)

Answer 1

The ice cream will cost $2.5 after the price reduction.

Step-by-step explanation:

⭐This problem represents a percent decrease

To perform a percent decrease on the ice cream, we need to take 17% of the old price, and subtract that from the old price.

Let's set up the equation. Let x = the new price.

`2.99 - (17*2.99)/(100) = x`

`2.99 - (50.83)/(100) = x`

`2.99 - 0.5083 = x`

`2.5 = x`

∴ The ice cream will cost $2.5 after the price reduction.