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Percentage Problem 6

The price of an item changed from $120 to $100. Then later the price decreased again from $100 to $80. Which of the two decreases was larger in percentage term?

Solutions

Expert Solution

First decrease in percent

part / whole = (120 - 100) / 120 = 0.17 = 17%

Second decrease in percent

part / whole = (100 - 80) / 100 = 0.20 = 20%

The second decrease was larger in percent term. The part were the same in both cases but the whole was smaller in the second decrease.

The second decrease was larger in percent term

Nipun Maity answered 2 years ago
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