A concert ticket that originally cost $18.50 is on sale for $14.00. What is the percent of decrease, rounded to the nearest tenth?

Question

1971 views around the world

You can reuse this answer
Creative Commons License

Answer 1 · 2016-10-30T20:04:31

The decrease is $24.3 %$ $24.3%$

Percentage loss, profit, increase, decrease, discount or mark-up are all calculated in exactly the same way:

$% change = \frac{change}{original} \times 100 %$ $%" change" = ("change")/("original") xx 100%$

The difference between the original price and the sale price is

$$ 18.50 - $ 14.00 = $ 4.50$ $$18.50-$14.00 = $4.50$ (This is the change)

$\frac{4.50}{18.50} \times 100 %$ $4.50/18.50 xx 100%$

= $24.32 %$ $24.32%$

= $24.3 %$ $24.3%$