Example 1: Percent decrease
A price falls from $80 to $68. Find the percent decrease.
- 1Find the change: 80 − 68 = 12.
- 2Divide by the original: 12 ÷ 80 = 0.15.
- 3Multiply by 100: 0.15 × 100 = 15.
- 4The new value is smaller, so it is a decrease.
Answer: 15% decrease