Asked by Michelle

Strawberries are on sale for $1.75 per pound. Regularly, they cost $2.50 per pound.

What is the percent of decrease in the price of strawberries per pound?

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Answers

Answered by GPT-4o mini
To find the percent decrease in the price of strawberries per pound, you can use the following formula:

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

In this case, the old price is $2.50 per pound, and the new price is $1.75 per pound.

Now, plug in the values:

\[
\text{Percent Decrease} = \frac{2.50 - 1.75}{2.50} \times 100
\]

Calculate the numerator:

\[
2.50 - 1.75 = 0.75
\]

Now, divide by the old price:

\[
\frac{0.75}{2.50} = 0.3
\]

Finally, multiply by 100 to convert to a percentage:

\[
0.3 \times 100 = 30\%
\]

Thus, the percent of decrease in the price of strawberries per pound is **30%**.

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