In 2005, the price of a tv was $1599.00. In 2002, the price of the same type of tv has dropped to $399.00 Calculate the percent of decrease

Question

Emmett Orr

Mathematics

14 July, 03:07

In 2005, the price of a tv was $1599.00. In 2002, the price of the same type of tv has dropped to $399.00 Calculate the percent of decrease

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Liberty Zhang · Answer 1

In 2005, the price of a TV was $1599.00.

In 2002, the price of the same type of tv has dropped to $399.00

Let’s Calculate the percent of decrease.

First subtract 1599 dollars with 399 dollars to know how much did the price of TV decreased.

=> 1 599 - 399 = 1 200 is the amount the decreased on TV’s price

=> 1 200 / 1599 = 0.75

=> 0.75 * 100% = 75%

Thus, the price of TV had been decreased to 25%, 75% of it were decreased