Answer:
New amount (decrease) = £17253.53
Step-by-step explanation:
Given the following data;
Amount = £19064.67
Percentage = 9.5%
To find the percentage decrease;
[tex] Percentage \; cost = \frac {9.5}{100} * 19064.67 [/tex]
[tex] Percentage \; cost = 0.095 * 19064.67 [/tex]
Percentage cost = £1811.14
New amount (decrease) = Original amount - percentage cost
Substituting into the equation, we have;
New amount (decrease) = £19064.67 - £1811.14
New amount (decrease) = £17253.53
