Question

last week, the price of oranges at the farmer’s market was $1.75 per pound. this week, the price has decreased by 20%. what is the price of oranges this week? $ per pound

Explanation:

Step1: Find the remaining percentage

The price decreased by 20%, so the remaining percentage is $100\% - 20\% = 80\%$ or $0.8$ in decimal.

Step2: Calculate this week's price

Multiply last week's price by the remaining percentage: $\$1.75 \times 0.8 = \$1.4$

Answer:

1.4