Is the value of the new amount greater than or less than the value of the original amount?
≈ 76 % decrease
Practice makes perfect
To determine the percent change p, we can use the following general formula.
p % =Amount of increase or decrease/Original amountFrom the given dollar amounts, we can see that the original amount is greater than the new amount. To find the decrease, we have to subtract the new amount from the original one.
4023.52-982.13= 3041.39
Knowing how much the amount decreased, we can use the formula to calculate the percent decrease.
