The price of an item has dropped to $69 today. Yesterday it was $225. Find the percentage decrease.
To find the percentage decrease, we need to calculate the difference between the original price and the new price, divide that by the original price, and multiply by 100.
The difference between the original price ($225) and the new price ($69) is $225 - $69 = $<<225-69=156>>156.
To find the percentage decrease, we divide the difference by the original price: $156 / $225 = 0.6933.
To express this as a percentage, multiply by 100: 0.6933 * 100 = 69.33%.
Therefore, the percentage decrease is 69.33%.