Step 1: Find the decrease in cost.
Decrease = Original cost - New cost
Decrease=sh30−sh12
Decrease=sh18
Step 2: Calculate the percentage decrease.
Percentage Decrease = (Decrease / Original cost) × 100%
PercentageDecrease=(sh30sh18)×100%
PercentageDecrease=(3018)×100%
PercentageDecrease=(53)×100%
PercentageDecrease=0.6×100%
Percentage Decrease = \text{60%}
3 done, 2 left today. You're making progress.