Question #N384
A store is having a sale on all items. The price of a shirt is reduced from $\$25 to $\$15. What is the percent decrease in the price of the shirt?
A. 10%
B. 20%
C. 30%
D. 40%
Correct Answer is: D
The price decrease is $25 - $15 = $10. The percent decrease is the price decrease divided by the original price, multiplied by 100%: $\frac{10}{25} \times 100% = 40%$.