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16 August, 12:47

The price of a notebook was $3.65 yesterday. Today the price fell to $3.40. Find the percentage decrease.

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  1. 16 August, 13:05
    0
    6.85% decrease

    Step-by-step explanation:

    Initial Price = $3.65

    Final Price = $3.40

    Difference in price = Final - Initial = $3.40 - $3.65 = - $0.25

    The negative sign indicates that the price decreased hence we can say that the decrease is positive $0.25.

    % decrease

    = (Amount decreased / initial price) x 100%

    = (0.25 / 3.65) x 100%

    = 6.85% decrease
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