The Spanish club sold hot pretzels as a fundraiser the pretzels normally sold for $2.00b but near the end the end of the sale the price was reduced by 25% what is the new price for a hot pretzels
Answer: The new price for a hot pretzels is $1.50.
Step-by-step explanation:
Since we have given that
Selling price of hot pretzels = $2.00
Mark down rate = 25%
Amount of mark down would be
\(\dfrac{25}{100}\times 2\\\\=0.25\times 2\\\\=\$0.50\)
Selling price after marked down would be
\(\$2.00-\$0.50\\\\=\$1.50\)
Hence, the new price for a hot pretzels is $1.50.