Question

The price of an iPod dropped from $210.95 to $165.88.

What was the percent decrease in prices? (round to the
nearest hundredth)
o 21.37%
o 21.34%
O 21.38%
O none of the above​

Answer 1

The correct answer would be option A, 21.37

Explanation:

In order to find out the percentage change of price of a product, either increase of decrease, that is found by finding the change in the price and then divide it by the base price and then finding the percentage of that price. The whole process is as follows:

Original price of iPod: $210.95

New Price of iPod: $165.88

Decrease in the price of iPod: 210.95-165.88= 45.07

Now dividing decreased price with the original price we get:

45.07/210.95=0.213652

Now to find the percentage, we need to multiply it with 100

0.213652*100=21.3652% which is approximately 21.37%