Question

How many percent is the change in the price, if:The price was $160 and now it is $40?

Answer 1

75% decrease.

Explanation:

The original price is $160 and we went to $40.

That means the price got reduced by $120 in the process.

$120/$160 = 0.75 = 75%.

So in other words, we lost 75% of the price ($120) and got left with 25% of the price ($40).

I hope this helps!

Answer 2

75% reduction

Explanation:

The price dropped by $120. As a percentage of the original price, that is ...

-$120/$160 × 100% = -75%

The price changed by -75%.