\( 1 \leftarrow \quad \begin{array}{l}\text { The regular price of a color TV is } \$ 453.64 \text {. During a sale, Hill TV is selling the TV for } \$ 388.84 \text {. Determine the percent } \\ \text { decrease in the price of the TV. }\end{array} \)
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To determine the percent decrease in the price of the TV, start by calculating the difference in price: \[ \text{Difference} = \text{Regular Price} - \text{Sale Price} = 453.64 - 388.84 = 64.80 \] Next, divide the difference by the regular price and multiply by 100 to get the percentage: \[ \text{Percent Decrease} = \left( \frac{\text{Difference}}{\text{Regular Price}} \right) \times 100 = \left( \frac{64.80}{453.64} \right) \times 100 \approx 14.30\% \] So, there is approximately a 14.30% decrease in the price of the TV! --- Understanding sales and discounts has been a part of shopping culture for centuries! Back when barter was the norm, people would negotiate prices based on the perceived value of goods—nowadays, we just check for sales! Isn't it fascinating how far we've come in trade practices? For those looking to sharpen their discount-detecting skills further, try out tools like price comparison apps or browser extensions. They can alert you to drop in prices and might even provide historical data on price trends! Happy shopping, savvy saver!
