Question

In 2005, the price of a tv was $1599.00. In 2002, the price of the same type of tv has dropped to $399.00 Calculate the percent of decrease

Answer 1

In 2005, the price of a TV was $1599.00.
In 2002, the price of the same type of tv has dropped to $399.00
Let’s Calculate the percent of decrease.
First subtract 1599 dollars with 399 dollars to know how much did the price of TV decreased.
=> 1 599 – 399 = 1 200 is the amount the decreased on TV’s price
=> 1 200 / 1599 = 0.75
=> 0.75 * 100% = 75%
Thus, the price of TV had been decreased to 25%, 75% of it were decreased