To find the percentage decrease, we need to calculate the difference between the initial price and the final price, and then divide that difference by the initial price:
Difference = Initial price - Final price
Difference = $180 - $81
Difference = $99
Now, divide the difference by the initial price:
Percentage decrease = (Difference / Initial price) * 100
Percentage decrease = ($99 / $180) * 100
Percentage decrease ≈ 55%
Therefore, the price of the item decreased by approximately 55%.
The price of an item yesterday was $180. Today, the price fell to $81. Find the percentage decrease
1 answer
1 answer