Question

Find the percentage change: The price was $60. Now it is $40.

Answer 1

33.33%

Explanation:

The percentage was a decrease.

Let the percent be x.

60 × (1 - x%) = 40

60 × (1 - x/100) = 40

1 - x/100 = 40/60

-x/100 = 40/60 - 1

-x/100 = -1/3

x/100 = 1/3

x = 1/3 × 100

x = 33.33333