The cost of an item was reduced from its usual selling price of $23.99 to $18.99. Which of the following is closest to the percent decrease in the price of the item?	Select:
A) 17%
B) 21%
C) 24%
D) 25%
E) 42%
The price decreased by 23.99 - 8.99 = $5.   $5 is a bit more than 20% of original price of $24.   Answer: 21%.
<result>B</result>
The cost of an item was reduced from its usual selling price of $23.99 to $18.99. Which of the following is closest to the percent decrease in the price of the item?