By How Much Did the Price of a Sofa Decrease

question 63

Multiple Choice

By how much did the price of a sofa decrease if the regular price of $2,795 was reduced by 40% ?

• A) 70
• B) 1,118
• C) 1,398
• D) 2,236

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Definitions:

Common Stock

Equity owning in a firm that grants shareholders voting rights and a share in the company's profits, typically through dividends.

Database

A structured set of data held in a computer, especially one that is accessible in various ways, used for storing and managing information digitally.

Amortized

The process of gradually paying off a debt over a period of time through regular payments.