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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 140.Today,thepricefellto140. Today, the price fell to 98. Find the percentage decrease.%

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Solution

Sure, here are the steps to find the percentage decrease:

  1. First, find the amount of decrease. This is done by subtracting the new price from the old price. So, 140140 - 98 = 42.Thismeansthepricedecreasedby42. This means the price decreased by 42.

  2. Next, to find the percentage decrease, divide the amount of decrease by the original price. So, 42/42 / 140 = 0.3.

  3. Finally, to convert this decimal to a percentage, multiply by 100. So, 0.3 * 100 = 30%.

Therefore, the price decreased by 30%.

This problem has been solved

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