Percentages, SM-Bank 075

A car dealer decreases the price of a car from $50 000 to $45 000.

What is the percentage decrease in the price? (2 marks)

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$10\text{%}$

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$\text{Price decrease}= 50\ 000-45\ 000=$5\ 000$

$\therefore\ \text{Percentage Decrease}$	$= \dfrac{5\ 000}{50\ 000}\times 100$
	$=0.10\times 100$
	$= 10\text{%}$

\(\therefore\ \text{Percentage Decrease}\)	\(= \dfrac{5\ 000}{50\ 000}\times 100\)
	\(=0.10\times 100\)
	\(= 10\text{%}\)