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I can use help finding out the steps to answer this correctly

I Can Use Help Finding Out The Steps To Answer This Correctly class=

Sagot :

For this exercise you need to use the following formula:

[tex]PercentageDecrease=\frac{Initial\text{ }Value-Final\text{ }Value}{|Initial\text{ }Value|}\cdot100[/tex]

In this case, you know that the price of the shoes is usually $80 and now it is $76. Then:

[tex]\begin{gathered} Initial\text{ }Value=80 \\ Final\text{ }Value=76 \end{gathered}[/tex]

Therefore, substituting values into the formula and evaluating, you get:

[tex]\begin{gathered} PercentageDecrease=\frac{80-76}{|80|}\cdot100 \\ \\ PercentageDecrease=\frac{4}{80}\cdot100 \\ \\ PercentageDecrease=5 \end{gathered}[/tex]

Hence, the answer is: 5%

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