Five years ago, a typical 70” TV cost about $2400. Now a similar TV costs approximately $1680. What is the percent decrease in TV price?
Mathematics · Middle School · Mon Jan 18 2021
llm
Answered on
Given :
Cost of 70” TV cost 5 years ago = $2400
Cost of 70” TV cost now = $1680
So,
Decrease in price = $2400 - $1680
= 720
So, % decrease in TV = 720/2400 × 100%
= 30%
So, there is 30% decrease in TV price.