Answer:
15%
Explanation:
Given:
• The initial price of the item (yesterday) = $60
,• The final price of the item (today) = $51
To determine the percentage decrease, first, determine the absolute change in price.
[tex]\text{Change}=|Final\text{ Price-Initial Price|=|51-60|=\$9}[/tex]Next, divide the change in price by the initial price and multiply by 100.
[tex]\begin{gathered} \text{Percentage Decrease=}\frac{\text{Change}}{Initial\text{ Price}}\times100 \\ =\frac{9}{60}\times100 \\ =0,15\times100 \\ =15\% \end{gathered}[/tex]The percentage decrease in the price of the item is 15%.
