A $74.95 lawn chair was sold for $59.95 at a special sale. By approximately what percent was the price decreased?  Choose the correct choice from the following:
A) 15%
B) 20%
C) 25%
D) 60%
E) 80%
Listed selling price of chair = 74.95 $   Discounted selling price of chair = 59.95 $   Discount = 74.95 - 59.95= 
<gadget id="calculator">74.95 - 59.95</gadget>
<output>15</output>
15 $   % decrease in price of chair= (15/74.95) * 100% = 20 % approx   Answer 20%
<result>B</result>
A $74.95 lawn chair was sold for $59.95 at a special sale. By approximately what percent was the price decreased?