Question

The price of an item yesterday was $80 . Today, the price fell to $52 . Find the percentage decrease.

Answer 1

The percent decrease is 35%.

Explanation:

percent change = (new value - old value)/(old value) × 100%

new value = $52

old value = $80

percent change = ($52 - $80)/($80) × 100%

percent change = -$28/$80 × 100%

percent change = -35%

A negative percent change means a percent decrease.

Answer: 35%