Question

Please help with this question.
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Answer 1

27.27%

Explanation:

Given that,

Initial price = 11

Final price = 8

We need to find the percentage change in the price. It can be calculated as follows :

% = [(final-initial)/initial] × 100

So,

`\%=(11-8)/(11)* 100\\\\\%=27.27\%`

So, the percentage decrease is 27.27%.