Question

An electronics store reduced the price of a TV from $1100 to $946. What was the percent of decrease?

Answer 1

14% decrease

Explanation:

Percentage Decrease = [ (Starting Value - Final Value) / |Starting Value| ] × 100

Percentage Decrease = [ (1100 - 946) / |1100| ] × 100

Percentage Decrease = [ (154) / |1100| ] × 100

Percentage Decrease = [ 0.14] × 100

Percentage Decrease = 14

Answer 2

14%

Explanation:

946/1100 = 0.86

1 - 0.86 = 0.14 = 14%

Answer: 14%