Answer :
Answer:
20%
Step-by-step explanation:
Original cost = $46.25
Decreased cost = $37.00
Decrease in cost = 46.25 - 37.00 = $9.25
Percentage decrease
[tex] = \frac{9.25}{46.25} \times 100 \\ \\ = \frac{92500}{4625} \\ \\ = 20\% [/tex]
Answer:
20%
Step-by-step explanation:
Original cost = $46.25
Decreased cost = $37.00
Decrease in cost = 46.25 - 37.00 = $9.25
Percentage decrease
[tex] = \frac{9.25}{46.25} \times 100 \\ \\ = \frac{92500}{4625} \\ \\ = 20\% [/tex]