The price of a notebook has dropped to

$3.50
today. Yesterday's price was
$3.75
. Find the percentage decrease. Round your answer to the nearest tenth of a percent.

1 answer

To find the percentage decrease, we need to calculate how much the price has decreased and then divide that by the original price:

Decrease = $3.75 - $3.50 = $0.25

Percentage decrease = (Decrease ÷ Original price) x 100
= ($0.25 ÷ $3.75) x 100
= 6.7%

Therefore, the percentage decrease is 6.7% (rounded to the nearest tenth of a percent).