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2 votes
Eggs were $2.05 per dozen on January 1st and $2.00 per dozen February 1st what percent did the price decrease during January?

2 Answers

5 votes
This is a 2.5% decrease in price.
User Nteissler
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5.8k points
6 votes
For this case we can make the following rule of three:
2.05 $ -----> 100%
2.00 $ -----> x
Clearing x we have:
x = (2.00 / 2.05) * (100)
x = 97.5
Then, the percentage that decreases is:
100-97.5 = 2.5%
Answer:
the price did decrease 2.5% during January
User Jon Wells
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5.0k points