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 ($225) and the new price ($69) and then divide it by the original price and multiply by 100.
Difference = Original Price - New Price
Difference = $225 - $69 = $156
Percentage Decrease = (Difference / Original Price) x 100
Percentage Decrease = ($156 / $225) x 100
Percentage Decrease ≈ 69.33%
Therefore, the percentage decrease is approximately 69.33%.