Seudónimo Seudónimo

03-03-2017
Mathematics

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An item that was selling for $72.00 was reduced to $60.00. Find the percent decrease in price. Show all your work.

Respuesta :

azamunoz azamunoz

03-03-2017

The formula to figure out the percentage increase or decrease is:
(new - old) / old * 100%

new = 60
old = 72

(60 - 72) / 72 * 100%
-12 / 72 * 100%
= -1/6 * 100%
= -0.1666... * 100%
≈ -16.667%

Because it is negative, that's a decrease.

Answer:
A decrease of about 16.7%

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