Respuesta :
Answer:
magnitude of decrease = 120 - 54 = 66$
the percentage = (66/100)×100 = 66%
A percentage is a way to describe a part of a whole. The percentage decrease in the price is 55%.
What are Percentages?
A percentage is a way to describe a part of a whole. such as the fraction ¼ can be described as 0.25 which is equal to 25%.
To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.
Given that the price of an item yesterday was $120. Today, the price fell to $54. Therefore, the percentage decrease is,
Percentage decrease = ($120-$54)/$120 × 100%
= 66/120 × 100%
= 55%
Learn more about Percentages:
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