The price of a cup of coffee was $2.60 yesterday. Today, the price fell to $2.45 .
Decrease in price = actual price - price decreased
Decrease in price = 2.60 - 2.45= 0.15
amount decreased = $0.15
Now we find percentage of decreased
Percentage of decrease = Decreased amount divide by original price
decrease percentage = [tex]\frac{0.15}{2.60}[/tex]= 0.057692307
To get percentage we multiply by 100
0.057692307 * 100 = 5.8 %
the percentage decrease= 5.8%
