Question

Wren bought a baseball card last year for $2.25. this year the price dropped to $.45. what was the percent of decrease in the price of the card?

a. 80%
b. 400%
c. 500%
d. 120%

Answer 1

The answer is A.
80%
I hope this helps! :)

Answer 2

a. 80%

Explanation:

The percent of decrease can be calculated as:

`Percentage Decrease = (Initial price - Final Price)/( Initial Price)*100`

Then, replacing initial price for $2.25 and final price for $.45 we get:

`Percentage Decrease = (2.25 - 0.45)/(2.25) *100`

percentage of decrease = 80%

Finally the percentage of decrease in the price of the card is 80%