The price of an item yesterday was $140. Today, the price fell to $98. Find the percentage decrease.%
Question
The price of an item yesterday was 98. Find the percentage decrease.%
Solution
Sure, here are the steps to find the percentage decrease:
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First, find the amount of decrease. This is done by subtracting the new price from the old price. So, 98 = 42.
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Next, to find the percentage decrease, divide the amount of decrease by the original price. So, 140 = 0.3.
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Finally, to convert this decimal to a percentage, multiply by 100. So, 0.3 * 100 = 30%.
Therefore, the price decreased by 30%.
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