The price was reduced from four thousand, four hundred ninety six dollars to one thousand, eight hundred ninety three dollars. By how much was the price reduced
http://www.jiskha.com/display.cgi?id=1359056366
To find the amount by which the price was reduced, you need to calculate the difference between the original price and the reduced price.
The original price is four thousand, four hundred ninety six dollars, and the reduced price is one thousand, eight hundred ninety three dollars.
To calculate the reduction, subtract the reduced price from the original price:
$4,496 - $1,893 = $2,603
Therefore, the price was reduced by $2,603.