Question

Hernando's salary was $54,500 last year. This year his salary was cut to $52,355. Find the percent decrease. Round to the nearest tenth of a percent.

Answer 1

first we subtract his new salary from the old salary to get the decrease.

Then percentage decrease ,we get the decrease over the new salary and multuply by 100. to get the percentage decrease

Answer 2

Decrease by 3.9%

Explanation:

54,500(1-x) = 52355

x=0.03935... = 3.935% or 3.9%