SOLUTION: what is 8% decrease of $138.00 and would the formula be on excel

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Question 597533: what is 8% decrease of $138.00 and would the formula be on excel

Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
what is 8% decrease of $138.00 and would the formula be on excel
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8% = 0.08
$138*0.08 = $11.04
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If you mean decrease $138 by that amount, just subtract it.
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An 8% decrease leaves 92%, which is 0.92
$138*0.92 gives the same result.
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On Excel, if you enter 8 then click %, it changes it to 800%
The formula and calculations are trivial. Unless you have a lot of repetitive calculations like this, there's no reason to use Excel. imo