Simplify this: In a shop the price of a torch is 1500. During promotion the price reduced to 1350. Calculate the percentage (%) decrease in the price of the torch.

Mathematics

ScanSolve AI Answer

Answer

10%10\%

Step-by-step solution

2 steps

The percentage decrease in the price of the torch is 10%.

  1. Calculate the absolute decrease in price

    The decrease in price is the original price minus the new price.
    Decrease = Original Price - New Price
    Decrease = $1500 - 1350 Decrease = 150

  2. Calculate the percentage decrease

    Percentage decrease is calculated by dividing the decrease in price by the original price and multiplying by 100%.
    Percentage Decrease = DecreaseOriginal Price×100%\frac{\text{Decrease}}{\text{Original Price}} \times 100\%
    Percentage Decrease = 1501500×100%\frac{150}{1500} \times 100\%
    Percentage Decrease = 0.1×100%0.1 \times 100\%
    Percentage Decrease = 10%10\%

    The percentage decrease in the price of the torch is 10%.

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