Question

percent increase or decrease:
an item's quality reduces from 1,012 to 948. what is the percentage decrease of the quantity? round your answer to the nearest tenth of a percent.​

Answer 1

Answer:

The reduced percentage of the quantity  = 6.32%

Rounding off 6.32 % to the nearest tenth , we get the same percentage.

Step-by-step explanation:

The initial cost price of the itam = 1012

The new reduced  price = 948

So, the reduced amount = Marked Price - the reduced price

= 1012 - 948 = 64

Now, the percentage decrease = $\frac{\textrm{Reduced amount}}{\textrm{Marked price}}  \times 100$

= $\frac{64}{1012}   \times 100  = 6.32$

So, the reduced percentage = 6.32%

Rounding off 6.32 % to the nearest tenth , we get the same percentage.