Answer:
Hi there
Ok so here we have $7500 which needs to be decreased by 7%,
As it is decrease we need to reduce 7% of $7500 or in other words we need to subtract whatever is 7% of $7500 from $7500
So we need 7% of $7500 first, so lets find it,
7% of $7500 is: 7500* 7/100
⇒75 * 7/1 [Here we cancelled the zeroes from 7500 and 100]
⇒ 75 *7
⇒ 525
Now we need to subtract 525 from our 7500
⇒$7500-525
⇒$6975 is the required answer
