Answer:
The decrease in price will be 2,444
The price of the next model will be 49,556
Explanation:
To get the decrease, all you need to do is convert your percent (4.7) to a decimal (4.7 / 100) which is 0.047 and multiply the original price by that (52,000 * 0.047) which is 2,444.
To get the decrease, all you need to do is subtract the final result (2,444) by the original (52,000) which is 49,556 (52,000 - 2,444)
Here is a simple equation: P=percent; M = Multiplier (lack of better variable lol); O=Original answer; F = Final answer;
- M=P/100
- F=O*M