A mechanic who averages $625 a week labor has a slow week and makes only $475. What is the percent of loss from the mechanic's average pay?
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Akshta1:
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A garage owner buys a job lot of 500 feet of #12-gauge wire. The price is $0.17 per foot. The next day, the price of this wire increases 15 1/4%. How much is saved by purchasing the wire at the lower price? Express the answer to the nearest cent.
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