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

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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