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A lamp is on sale, and its price is reduced from $80 to $50. What is the percent of decrease? Select from the drop-down menu to correctly complete the statement.

Verified Answer :

$80 - $50 = $30

$
30 * 100 / $ 80 = 37.5%

answer: 37.5% of decrease.




The percentage decrease is equal to the change in price ( the decreased amount) divided by the original amount, then multiplied by 100. We have,

Percentage decrease = \(\frac{80-50}{80}=0.375*100=37.5\) %

ANSWER: 37.5%