Question

A diamond ring was reduced from $999.99 to $699.99. Find the percent decrease in the price. Round the answer to the nearest tenth of a percent.

Answer 1

Answer:

30.0% decrease.

Step-by-step explanation:

A diamond ring was reduced from $999.99 to $699.99

The decrease is; $999.99 - $699.99 = $300.00

Percentage decrease = $\frac{decrease}{original price}$ × 100

i.e percentage decrease = $\frac{300}{999.99}$ × 100 = 30.0003%

And it equals to 30.0% (rounded off to the nearest tenth of a percent)