Question

the owner of a health club decides to reduce the $35 membership fee by $5. what is the approximate percent decrease in the fee?
the percent decrease is approximately 0.14%.
the percent decrease is approximately 0.85%.
the percent decrease is approximately 14%.
the percent decrease is approximately 85%.

Explanation:

Step1: Recall percent decrease formula

The formula for percent decrease is $\text{Percent Decrease} = \frac{\text{Amount of Decrease}}{\text{Original Amount}} \times 100\%$.

Step2: Identify values

The original fee is $\$35$, and the amount of decrease is $\$5$.

Step3: Substitute into formula

Substitute the values into the formula: $\text{Percent Decrease} = \frac{5}{35} \times 100\%$.

Step4: Calculate the value

First, calculate $\frac{5}{35} \approx 0.1429$. Then multiply by $100\%$: $0.1429 \times 100\% \approx 14\%$.

Answer:

The percent decrease is approximately 14% (the option: "The percent decrease is approximately 14%").