A pair of pants at Hot Trendz Department Store originally cost $59. They are on sale for $32. The percent change, rounded to the nearest percent, in the cost of the pants is
.
This is a percent decrease or increase??
This is a percent decrease.
The percent change, rounded to the nearest percent, in the cost of the pants is_____?
To find the percent change, we can use the formula:
Percent Change = (new value - old value) / old value * 100
In this case, the old value is $59 and the new value is $32. Plugging these values into the formula:
Percent Change = (32 - 59) / 59 * 100
Percent Change = (-27) / 59 * 100
Percent Change ≈ -45.76
Rounding to the nearest percent, the percent change in the cost of the pants is approximately -46%.