Work out the percentage change when a price of £50 is decreased to £40.
2 answers:
Answer:
20%
Step-by-step explanation:
Initial price: £50
Decreased price: £40
The difference: £50-£40= £10
Percentage change: £10/£50*100%= 20 %
So the formula for price change is amount of change / original price * 100
50-40
= 10
10/50*100
= 1/5*100
= 20%
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