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Find the percent of change and classify as a percent increase or decrease. Round to the nearest tenth of a percent when necessary. A $39 watch is now on clearance for $17.50.

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The percent of increase or decrease = change/original x 100%

Since the original price of the watch is $39

Since its price now is $17.50, then

The change of the price = 39 - 17.50 = 21.50 dollars

The percentage of decrease = 21.50/39 x 100%

The percentage of decrease = 55.1282

Round it to the nearest tenth

The percentage of decrease is 55.1%

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