Question

The president of a small company

made $72,000 last year. She cut her
salary this year to $60,000 because
the company was not doing as well.
What was the percent decrease in
her salary to the nearest percent?

Answer 1

17%

Explanation:

Percent decrease

`= (72000 - 60000)/(72000) * 100 \\ \\ = (12000)/(72000) * 100\\ \\ = (1200000)/(72000) \\ \\ = 16.67 \% \\ \\ \approx \: 17 \%`