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Popular Word Problems >

A bookstore owner decreased the prices on all books in stock by 20%. If the original price of a book is 24.95, what is the new price rounded to the nearest cent?

Solution

A b oo k s t ore o w n er d ecre a se d t h e p r i ces o n a ll b oo k s in s t oc k b y 20%. I f t h e or i g ina l p r i ce o f a b oo k i s 24.95, w ha t i s t h e n e w p r i ce ro u n d e d t o t h e n e a res t ce n t ?

Solution

Amount after reduction : 19.96

Solution steps

Translate the problem into an equation:

x = 24.95 - 0.2 \cdot 24.95

x = 24.95 - 0.2 \cdot 24.95 : x = 19.96

Amount after reduction : 19.96

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