A $74.95 lawn chair was sold for $59.95 at a special sale. By approximately what percent was the price decreased?  Choose the most appropriate option.
A) 15 %
B) 20 %
C) 25 %
D) 60 %
E) 80 %

Rationale: "listed selling price of chair = 74.95 $ discounted selling price of chair = 59.95 $ discount = 74.95 - 59.95 = 15 $ % decrease in price of chair = ( 15 / 74.95 ) * 100 % = 20 % approx answer b"
Answer: B