Question

an item that was selling for $72 is reduced to $60 find the percent decrease in price round your answer to the nearest tenth of a percent

Answer 1

The amount of decrease is $12.00 :$72.00 - $60.00 = $12.00

 you then divide the amount of decrease by the original price to find the  percent decrease:

   $12.00 ÷ $72.00  =  .166666...  =  16.7%