Question

A price decreases from $986 to $828.24. What is the percent change?

Answer 1

-16% change

Explanation:

The formula for a percent decrease is
`(original-new)/(original)\cdot100`. The original value was 986, and the new value is 828.24, so we can substitute inside the equation.

`(986-828.24)/(986) \cdot100\\\\(157.76)/(986) \cdot100\\\\0.16\cdot100\\\\16`

So the percent change is -16%.

Hope this helped!