What is the percent of decrease from 500000 to 60000

Percent change = (new number - old number) / (old number) * 100

If the percent change is positive, it is a percent increase.

If the percent change is negative, it is a percent decrease.

In our case, the number goes from 500000 (the old number) to 60000 (the new number).

percent change = (new number - old number) / (old number) * 100

percent change = (60000 - 500000) / (500000) * 100

percent change = - 88%

Answer: the percent decrease is 88%

A change from 500000 to 60000 speaks to a negative change (diminish) of - 88%

Percent change = [ (500000 - 60000) / 500000] x 100 = - 88 % (expansion)

Where: 500000 is the old and 60000 is the new. For this situation, we have a negative change (diminish) of - 88 percent on the grounds that the new is more prominent than the old.