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Solve the problem. An HP Laser Jet printer priced at $601 is sold for $554. What was the percent of price reduction? Round to the

Solve the problem. An HP Laser Jet printer priced at $601 is sold for $554. What was the percent of price reduction? Round to the nearest tenth when necessary. 108.5% 92.2% 7.8% 1278.7%

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