Question

A shirt originally cost $49.31, but it is on sale for $41.91. What is the percentage decrease of the price of the shirt? If necessary, round to the nearest percent.

Answer 1

8%

Explanation:

The Cost price is = 49.31

The Selling price is = 41.91

The profit is =-7.4

The percentage decrease of the price of the shirt is hence=

=41.31/49.31 * 100

= 8%

Hence, 8% is the percentage of the decrease of the price of the shirt.