Find the percent change when the original price was $76 and the new price is $60. Please show your work.
2 answers:
from 76 down to 60 is a 16 difference.
if we take 76 to be the 100%, what is 16 off of it in percentage?
<u>Answer</u>
The price reduced by 21.05%
<u>Explanation</u>
•To determine the price decrease in dollars, subtract:
76 - 60 = 16
•The price decreased by 16 dollars as shown above.
•16 is what percent of 76?
So, to find that, set up an equation:
76x = 16
•Divide both sides by 76.
x = .2105 or 21.05%
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