Step 1: Find the decrease in price. This is done by subtracting the new price from the original price. So, $120 - $90 = $30.

Step 2: Next, you need to find the percentage decrease. This is done by dividing the decrease in price by the original price. So, $30 / $120 = 0.25.

Step 3: To convert this to a percentage, you multiply by 100. So, 0.25 * 100 = 25%.

Therefore, the percentage decrease in the price is 25%.

Question

Step 1: Find the decrease in price. This is done by subtracting the new price from the original price. So, $120 - $90 = $30.

Step 2: Next, you need to find the percentage decrease. This is done by dividing the decrease in price by the original price. So, $30 / $120 = 0.25.

Step 3: To convert this to a percentage, you multiply by 100. So, 0.25 * 100 = 25%.

Therefore, the percentage decrease in the price is 25%.

Knowee AI · Accepted Answer

Step 1: Find the decrease in price. This is done by subtracting the new price from the original price. So, $120 - $90 = $30.

Step 2: Next, you need to find the percentage decrease. This is done by dividing the decrease in price by the original price. So, $30 / $120 = 0.25.

Step 3: To convert this to a percentage, you multiply by 100. So, 0.25 * 100 = 25%.

Therefore, the percentage decrease in the price is 25%.

A product's price decreased from $120 to $90. What is the percentage decrease in the price?