The percent of change in the price of this coat is 26.66 %.
To find the percent of change in the price of this coat.
What is percentage?
A part of a whole expressed in hundredths a high percentage of students attended. Also the result obtained by multiplying a number by a percent the percentage equals the rate times the base.
Given that:
Cost price of coat(C.P)= 120$
Selling price of coat(S.P)=88$
We know that ,
Percent change=change in price /C.P*100
Percent change=120$-88$/120$*100
Percent change=32/120*100
Percent change=26.66 %
Therefore, the percent of change in the price of this coat is 26.66 %.
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