the price of a pair of jeans decreases from $45 to $40 what is the approximate percentage of decrease

Answer 1

The original price is $45 and the new price is $40.

To find the percentage decrease, we will use the formula:

Percentage Decrease = ((Original Price - New Price) / Original Price) x 100

Percentage Decrease = (($45 - $40) / $45) x 100
Percentage Decrease = ($5 / $45) x 100 = 0.1111 x 100 ≈ 11.11%

Therefore, the approximate percentage decrease is approximately 11.11%.