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The price of an item has dropped to $81 today. Yesterday it was $180 . Find the percentage decrease.

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Final answer:

To find the percentage decrease, subtract the new price from the original price, divide the result by the original price, and then multiply by 100%.

Step-by-step explanation:

To find the percentage decrease, we can use the formula:

Percentage Decrease = (Original Price - New Price) / Original Price x 100%

In this case, the original price was $180 and the new price is $81. Plugging these values into the formula, we get:

Percentage Decrease = ($180 - $81) / $180 x 100% = $99 / $180 x 100% = 55%

So, the percentage decrease in price is 55%.

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