What percentage should be removed?

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AI Thread Summary
To determine the percentage reduction needed for a $20 coat to be priced at $5, clarity in the problem statement is essential. The discussion highlights confusion over whether the coat's price should be reduced by $5 to $15 or directly to $5. The proposed calculation of 25% is incorrect, as it misapplies the formula for percentage reduction. A clear explanation and correct calculations are necessary to solve the problem accurately. Understanding the intended final price is crucial for providing the correct percentage reduction.
Phisico
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Homework Statement
What percentage should be removed ?
Relevant Equations
I need some explanation
The coat costs $20 by how much percentage it should be reduced to get $5
Solution
5+15=20
5*5=25%
Explain if I'm wrong please
 
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You have the percentage the coat should be reduced to, instead of how much the cost should be reduced by.
 
Phisico said:
Problem Statement: What percentage should be removed ?
Relevant Equations: I need some explanation

The coat costs $20 by how much percentage it should be reduced to get $5
What does "to get $5" mean? Will the price of the coat be reduced $5, to a sale price of $15, or will the price be reduced to $5? If you want to get help in the problems you post, take care to present a clear problem description.
Phisico said:
Solution
5+15=20
5*5=25%
No. 5*5 = 25, which is not the same thing as 25%.
Phisico said:
Explain if I'm wrong please
 
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