Solve the Problem $\$ 382$ Is Sold For $\$ 307$ What Was the Percent of Price Reduction? Round to Sold

Multiple Choice

Solve the problem.
-A printer priced at $\$ 382$ is sold for $\$ 307$ . What was the percent of price reduction? Round to the nearest tenth of a percent, if necessary.

A) $124.4 \%$
B) $80.4 \%$
C) $19.6 \%$
D) $509.3 \%$