Question

The price of an iPod dropped from $299.99 to $180.55. What was the percent decrease in price? (Round to nearest hundredth percent.)

Answer 1

119.44 is that the whole question

Answer 2

The price dropped 299.99 - 180.55 = 119.44. So we need to find out what percentage 119.44 is of 299.99.

"119.44 is what percentage of 299.99" translates to
119.44 = x * 299.99

So x = 119.44 / 299.99 = about 0.3981466, which is 39.81% when rounded to the nearest hundredth of a percent.