Question

The price of a CD decreased from $15 to $12. What is the percent of decrease?

20%
33%
75%

Answer 1

The percent of decrease is 20%.

Step-by-step explanation:

To calculate the percent of decrease, we need to find the difference between the original price and the new price, then divide that difference by the original price and multiply by 100.

The difference between $15 and $12 is $3. Dividing $3 by $15 gives us 0.2, and multiplying by 100 gives us 20%.

Therefore, the percent of decrease is 20%.

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