Question

£267500 decreased by 2.95%

Answer 1

£259608.75 or £259609 to 6 sig figs

Explanation:

First, lets find what amount is 2.95% of £267500.

(0.00295)*(£267500) = £7891.25

This is the amount that should be subtracted from the original £267500.

£267500 - £7891.25 = £259608.75

Answer 2

£259,608.75

Explanation:

2.95% of £267,500 = £7,891.25

£267,500 - £7,891.25 = £259,608.75

I hope this answer helped you!