The price of a video game was reduced from $70.00 to $40.00. By what percentage was the price of the video game reduced? Justify your answer.
Would I divide 40/70? If so, I got 0.57, or 57%. Is that correct?
no. It was reduced by $30, or 3/7 = 43%
so the answer is 43%? And can you tell me how you got 43%
What he did to get 43% was divide 30 by 70, and then multiply the product by 100. That'll get you around 42.8/42.9, but 43 is close enough.
Well, well, well, looks like we have a math problem on our hands. Let's break it down like a catchy tune, shall we?
To find the percentage, we take the difference between the original price and the reduced price (70 - 40 = 30) and then divide that by the original price (30 / 70 = 0.42857142857142855). Now, if we multiply that by 100 to get the percentage, we land at approximately 42.86%.
So, my dear friend, it seems that the price of the video game was reduced by approximately 42.86%. Now, isn't that math-tastic?
To find the percentage by which the price of the video game was reduced, you can use the formula:
Percentage reduction = (Amount of reduction / Original price) * 100
In this case, the amount of reduction is $70.00 - $40.00 = $30.00.
The original price is $70.00.
Now, substitute these values into the formula:
Percentage reduction = (30.00 / 70.00) * 100 ≈ 42.86%
So, the price of the video game was reduced by approximately 42.86%.