During the course of a year, the price of a boat decreased from $300,000 to $225,000. What was the percent decrease in price?

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27-03-2018
Mathematics

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During the course of a year, the price of a boat decreased from $300,000 to $225,000. What was the percent decrease in price?

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Аноним Аноним · Answer 1 · 2018-03-27T02:39:46+02:00

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Formula
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[tex]\text {Percentage Decreased = } \dfrac{\text {Amount decreased}}{\text {Original}} \times 100 [/tex]

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Find Amount Decreased
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[tex]\$300,000 - \$225,000 = \$75,000[/tex]

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Find Percentage Decreased
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[tex]\text {Percentage Decreased = } \ \dfrac{75000}{300000} \times 100[/tex]

[tex]\text {Percentage Decreased = } 25\%[/tex]