Question

Identify the percent of changes as an increase or decrease. $24 to $18

Answer 1

Answer:

25% decrease

Step-by-step explanation:

-The initial value is $24

-The final value is $18

#This is a decrease and the % decrease is calculated as:

$\%\ decrease=\frac{Initial \ Value- \ Final \ Value}{Initial \ Value}$

$=\frac{24-18}{24}\\\\=\frac{6}{24}\\\\=0.25\approx 25\%$

Hence, the percentage decrease is 25%