If the price decreases by 60%, how much more quantity can be bought for the same money?

If the price decreases by 60%, how much more quantity can be bought for the same money?

Explanation

Let’s say you originally have $100, and the original price per unit is $1. You can buy:


Before price drop: $100 ÷ $1 = 100 units


A 60% price decrease means the new price is:


New price = $1 - 60% of $1 = $0.40


After price drop: $100 ÷ $0.40 = 250 units


So, the increase in quantity is:


250 - 100 = 150 units more, which is a 150% increase.