5.62 per kilo og was 5.25 per kilo 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 your case, the old price is 5.62, and the new price is 5.25.

1. Calculate the difference in price:

\[ \text{Difference} = 5.62 - 5.25 = 0.37 \]

2. Now, divide the difference by the old price:

\[ \text{Fraction Decrease} = \frac{0.37}{5.62} \]

3. Calculate that value:

\[ \text{Fraction Decrease} \approx 0.0658 \]

4. Convert that to a percentage:

\[ \text{Percentage Decrease} \approx 0.0658 \times 100 \approx 6.58% \]

So the percentage decrease in price is approximately 6.58%.