A shirt originally cost $54.04, but it is on sale for $43.23. What is the percentage decrease of the price of the shirt? If necessary, round to the nearest percent.
(54.04 - 43.23) / 43.23 = ?
Multiply your answer by 100.
To find the percentage decrease of the price of the shirt, use the formula:
Percentage decrease = ((original price - sale price) / original price) * 100
Substituting the given values:
Percentage decrease = ((54.04 - 43.23) / 54.04) * 100
Calculating this:
Percentage decrease = (10.81 / 54.04) * 100
Percentage decrease = 0.20 * 100
Percentage decrease = 20
Therefore, the percentage decrease of the price of the shirt is 20%.
To find the percentage decrease of the price, you need to calculate the difference between the original price and the sale price, and then express that difference as a percentage of the original price.
Step 1: Calculate the difference between the original price and the sale price:
Original price - Sale price = $54.04 - $43.23 = $10.81
Step 2: Express the difference as a percentage of the original price:
Percentage decrease = (Difference / Original price) * 100
Percentage decrease = ($10.81 / $54.04) * 100 ≈ 19.99%
Therefore, the percentage decrease of the price of the shirt is approximately 19.99%.