Question

Matt is a lawyer who used to charge his clients $330 per hour. Matt recently reconsidered his rates and ultimately decided to charge $231 per hour. What was the percent of decrease in the billing rate?

Answer 1

33%

Explanation:

Take the original amount and subtract to new amount.

330 -231

99

Divide this by the original amount.

99/300

.33

Change to a percent.

33%

This is the percent decrease.