The price of a coat in a certain store is $500. If the price of the coat is to be reduced by $350, by what percent is the price to be reduced?
Select the correct option
A) 70%	B) 15%	C) 20%	D) 25%	E) 30%
price of a coat in a certain store = $500   the price of the coat is to be reduced by $350   % change = (Final Value - Initial Value)*100 / Initial Value   % Reduction= (Reduction in Price)*100 / Initial Value   i.e. % Reduction= (350)*100 / 500= 
<gadget id="calculator">(350)*100 / 500</gadget>
<output>70</output>
70%   70%nswer: Option 70%
<result>A</result>
The price of a coat in a certain store is $500. If the price of the coat is to be reduced by $350, by what percent is the price to be reduced?