Question

The price of an item has dropped to $39 today. Yesterday it was

$65. Find the percentage decrease. please help

Answer 1

40% decrease

Explanation:

First, let's find the value decrease of the item from yesterday to today

$65 - $39 = $26

That means that $65 was 100% of the price and decreasing it by 26 gets us to 39

We need to find the percentage of 39 in 65

39/65 = 0.6 or 60%

If 39 is 60% of 65, then there was a 40% decrease form 100%

To check we can calculate the percentage of 26 in 65:

26/65 = 40%

There was a 40% decrease

-Chetan K