Question

The price of a bicycle is 55,800, while initially it was 60,000. Find the percentage decrease in the price.
Please give correct step by step explanation​

Answer 1

Answer:

60000×7/100= 4200

60000-4200= 55800

so, there is decrease of 7%

Answer 2

Step-by-step explanation:

Given , cost of bicycle = 55,800

initial price of bicycle = 60,000

Increase on cost of bicycle = 55,800 - 60,000 = -4,200

Percentage of decrease in the cost = -4200/55,800 x 100%

= 0.075% (PERCENTAGE OF DECREASE IN PRICE)

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