Question

2. The cost of a pair of jeans was changed from $52 to $47.82. What was the percent change?

8% decrease
9% increase
9% decrease
8% increase

Answer 1

I Think its 8% decrease

Answer 2

The answer is

8% decrease

Explanation:

To find the percentage change we use the formula

`Percentage \: \: change = (change)/(original \: quantity) * 100`

To find the change subtract the lesser one from the larger one

Original price = $ 52

Current price = $ 47.82

Change = 52 - 47.82 = $ 4.18

Substitute the values into the above formula

Percentage change is

`(4.18)/(52) * 100`

We have the final answer as

Percentage change = 8%

Since the current price was lesser than the original price there is a percentage decrease in the amount