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.
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).
To find the percentage decrease, we need to calculate the difference between the original price and the new price, then divide that difference by the original price. Finally, we multiply the result by 100 to express it as a percentage.
Step 1: Calculate the difference between the original price and the new price:
Difference = $3.75 - $3.50 = $0.25.
Step 2: Divide the difference by the original price:
(0.25 / 3.75) × 100 = 0.0667 × 100 = 6.67.
Step 3: Round the answer to the nearest tenth of a percent.
Rounded percentage decrease = 6.7%.
Therefore, the percentage decrease in the price of the notebook is 6.7%.