The price of a part drops from $240 to $186. By what percent did the price decrease?
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Correct!
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Correct answer to question 30 (Arithmetic Reasoning): 22.5 percent
Method
Compare the drop to the original price. The price fell by 240 - 186 = $54, and 54 divided by 240 is 0.225, which is 22.5 percent. Dividing by the new price instead is the usual mistake.
Updated: November 2026