Question

Work out the percentage change to 2 decimal places when a price of £57.99 is decreased to £49.99.

Answer 1

Answer:

Percentage change in price = 13.80%

Step-by-step explanation:

Given that:

Original price = £57.99

Decreased price = £49.99

Difference = Original price - Decreased price

Difference = 57.99 - 49.99

Difference = £8.00

Percent change = $\frac{Difference}{Original\ price}100$

Percent change = $\frac{8.00}{57.99}*100$

Percent change in price = 13.80%

Hence,

Percentage change = 13.80%