Question

Elena and her family are season ticket holders for their favorite baseball team. Last year, thecost of season tickets was $1,620. This year, the cost is $1,537.38. What was the percent of decrease in the cost of season tickets?

Answer 1

To get the percent of decrease in the cost of season tickets, first, subtract the original cost to the current cost.

$1620 - $1537.38 = $82.62

Next, divide it to the original cost of the ticket, and multiply by 100%

$82.62 ÷ $1620 = 0.051

0.051 × 100% = 5.1%

Therefore, the percent of decrease in the cost is 5.1%.