The price of an item decreased from 500 to 400, what is the percent of decrease?
The price of an item decreased from 500 to 400, what is the percent of decrease?
Explanation
Original price = 500
New price = 400
Decrease = 500 - 400 = 100
Percentage decrease = 100/500 × 100 = 1/5 × 100 = 20%