https://r2.erweima.ai/mathbot/image/1722392736823d21fq4b8.png

To find the new (discounted) price of the chair after a 60% decrease, follow these steps:

1. **Identify the original price**:
   \[
   \text{Original price} = \$62.50
   \]

2. **Calculate the amount of decrease**:
   \[
   \text{Amount of decrease} = 60\% \text{ of } \$62.50
   \]
   \[
   = \frac{60}{100} \times 62.50
   \]
   \[
   = 0.60 \times 62.50
   \]
   \[
   = \$37.50
   \]

3. **Subtract the amount of decrease from the original price to find the new price**:
   \[
   \text{New price} = \text{Original price} - \text{Amount of decrease}
   \]
   \[
   = 62.50 - 37.50
   \]
   \[
   = \$25.00
   \]

Therefore, the new (discounted) price of the chair is \$25.00.

Would you like more details or have any questions?

Here are some related questions to expand your understanding:

1. How do you calculate the percentage decrease for different original prices?
2. What is the formula to calculate the new price after a percentage decrease?
3. How can you verify the accuracy of the discounted price?
4. What is the difference between a percentage decrease and a percentage increase?
5. How would the calculation change if the discount was 40% instead of 60%?
6. How can you represent the calculation in a mathematical equation?
7. What other methods can be used to solve percentage decrease problems?
8. How does the concept of percentage decrease apply to real-life situations?

**Tip:** When dealing with percentage decreases, always ensure to multiply the original price by the percentage (in decimal form) to find the decrease amount, and then subtract it from the original price.

Learn how to calculate the new price of an item after a 60% discount with this detailed step-by-step guide. This problem covers basic arithmetic and percentage decrease concepts, including the formula to find the discounted price. Suitable for students in Grades 6-8.

Math Problem Statement

Solution

Ask a new question for Free

By Image

Math Problem Analysis

Mathematical Concepts

Formulas

Theorems

Suitable Grade Level

Related Recommendation