An MP3 player was reduced from  $199.99 to $79.99 Find the percent reduction in price. Round the answer to the nearest tenth of a percent, if necessary.

To calculate the percent reduction in price, we use the following formula:

\[
\text{Percent Reduction} = \frac{\text{Original Price} - \text{New Price}}{\text{Original Price}} \times 100
\]

Given:
- Original Price = $199.99
- New Price = $79.99

Substitute these values into the formula:

\[
\text{Percent Reduction} = \frac{199.99 - 79.99}{199.99} \times 100 = \frac{120}{199.99} \times 100
\]

Now, calculate the result:

\[
\text{Percent Reduction} = 0.60003 \times 100 = 60.0\%
\]

So, the percent reduction in price is **60.0%**.

Would you like more details on the calculation or have any questions?

Here are five related questions:
1. How would the percent change formula differ if we were calculating a price increase?
2. If the price was further reduced by 20%, what would the new price be?
3. Can you calculate the reduction in dollars if the original price was $250?
4. What would the percent reduction be if the final price was $99.99 instead of $79.99?
5. How does rounding affect percent reduction calculations in real-world pricing?

**Tip**: Always compare changes relative to the original value when calculating percentages.

An MP3 player was reduced from $199.99 to $79.99. Find the percent reduction in price. Round the answer to the nearest tenth of a percent, if necessary.

Learn how to calculate the percent reduction when the price of an MP3 player drops from $199.99 to $79.99. This step-by-step solution covers percentage calculation, showing how to determine the price drop and rounding to the nearest tenth. Suitable for students in Grades 6-8.

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