Answer:
The percentage decrease is 27%
Step-by-step explanation:
To find the percent decrease, first find the difference in the two costs.
$205,000 - $149,650 = $55,350
Now divide that number by the original cost.
$55,350/$205,000 = 27%
To multiply a whole number by a fraction less than one, you have to rewrite the whole number in the expression as a fraction by putting a one under it.
For example, in 10 x 2/5, you would rewrite the 10 to 10/1 x 2/5.
Then, you would multiply the top and bottom of the two fractions. In this case, it would be 10 x 2 and 1x5. This would result in 20/5.
Finally, you would simplify this fraction by dividing. The final answer is 4.
The answer to this question is 29