Question

$.62 per kilogram the og price war $5.25 per kilogram by what % did the price decrease

Answer 1

To find the percentage decrease in price, you can use the formula:

\[
\text{Percentage Decrease} = \frac{\text{Old Price} - \text{New Price}}{\text{Old Price}} \times 100
\]

In this case, the old price is $5.25 per kilogram, and the new price is $0.62 per kilogram.

Now, plug in the values:

\[
\text{Percentage Decrease} = \frac{5.25 - 0.62}{5.25} \times 100
\]

Calculate the difference in price:

\[
5.25 - 0.62 = 4.63
\]

Now calculate the percentage decrease:

\[
\text{Percentage Decrease} = \frac{4.63}{5.25} \times 100 \approx 88.1\%
\]

So, the price decreased by approximately **88.1%**.