Answer:
Explanation:
To find the percentage decrease, we need to calculate the difference between the original price and the new price, and then express that difference as a percentage of the original price.
The difference between the original price of $115 and the new price of $69 is:
$115 - $69 = $46
To express this as a percentage of the original price, we need to divide the difference by the original price and multiply by 100:
($46 / $115) x 100% = 40%
Therefore, the percentage decrease in the price of the item is 40%.