Given:
A sofa regularly sells for $710.
The sale price is $553.80.
To find:
The percent decrease of the sale price from the regular price.
Solution:
We have,
[tex]Decrease\%=\dfrac{\text{Regular price - Sale price}}{\text{Regular price}}\times 100[/tex]
[tex]Decrease\%=\dfrac{710-553.80}{710}\times 100[/tex]
[tex]Decrease\%=\dfrac{156.2}{710}\times 100[/tex]
[tex]Decrease\%=0.22 \times 100[/tex]
[tex]Decrease\%=22\%[/tex]
Therefore, the percent decrease of the sale price from the regular price is 22%.