Question

Sally went to the clearance rack at a department store and found a shirt she wanted to buy. The shirt was $36.00 and is on sale for $24.00. What is the percent of the decrease?

Answer 1

33.34%.

Explanation:

Given that,

The actual price of the shirt = $36

Price on sale = $24

We need to find the percent of the decrease. The formula for the percentage is given by :

`\%=\frac{|\text{actual value-estimated value}|}{\text{actual value}}* 100`

Putting all the values,

`\%=(24-36)/(36)* 100\\\\=33.34\%`

So, the percentage decrease in the price of the shirt is 33.34%.