FedericoM265420 FedericoM265420
  • 25-10-2022
  • Mathematics
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If a price changes from $105,300 to $104,399 will that be a percentincrease or decrease?

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TehilahU715514 TehilahU715514
  • 25-10-2022

If the price changes from $105,300 to $104,399, It means that there is a decrease in price.

Decrease = 105,300 - 104,399 = $901

The percentage decrease is gotten by dividing the decrease by the initial price and multiplying by 100. It becomes

[tex]\frac{901}{105300}\text{ }\times\text{ 100 = 0.8557\%}[/tex]

By rounding up to the nearest whole number, it becomes 1%

The percent decrease is 1%

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