SOLUTION: The electricity costs of a business decreased from $12,000 one year to 10,920 the next. What is the rate of the decrease?

SOLUTION: The electricity costs of a business decreased from $12,000 one year to 10,920 the next. What is the rate of the decrease?

Algebra.Com

Question 67885: The electricity costs of a business decreased from $12,000 one year to 10,920 the next. What is the rate of the decrease?
Answer by tutorcecilia(2152) (Show Source): You can put this solution on YOUR website!
(Old cost)+(New cost)/(old cost) X 100% = discount
($12,000+$10,920)/$12,000 X 100% = 9%
.
Check:
$12,000(.09)=1080
$12,000-$1080=$10,920
RELATED QUESTIONS
Business and finance. The electricity costs of a business decreased from $12,000 one... (answered by checkley75)

) Business and finance. The electricity costs of a business decreased from $12,000 one... (answered by checkley75,venugopalramana)

Business and finance. The electricity costs of a business decreased from $12,000 one... (answered by venugopalramana)

The electricity costs of a business decreased from $12,000 one year to $10,920 the next.... (answered by checkley71,fractalier)

2.6 52) The electricity costs of a business decreased from 12,000 one year to... (answered by Nate,checkley71)

The electricity costs of a business decreased from $12,000 one year to $10,920 the next. (answered by funmath)

The electricity costs of a business decreased from $12,000 one year to $10,920 the next. (answered by checkley71)

The electricity costs of a business decreased from $12,000 one year to $10,920 the next. (answered by rapaljer)

The electricity costs of a business decreased from $12,000 one year to $10,920 the next. (answered by dolly)