SOLUTION: Find the percentage change. Round to the nearest tenth of a percent if necessary and state whether the change is an increase or a decrease. From $83 to $60

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Question 1131728: Find the percentage change. Round to the nearest tenth of a percent if necessary and state whether the change is an increase or a decrease.
From $83 to $60
Found 2 solutions by Boreal, math_helper:
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
change is decrease over original amount
this is -23/83=-27.7%

Answer by math_helper(2461) About Me  (Show Source):
You can put this solution on YOUR website!
(60-83)/83 = -23/80 = -0.277 --> -27.7%
The change is a decrease (we have a negative percentage, or, you can simply observe that $60 is less than $83 so it is a decrease)...

One can say "$60 is 27.7% less than $83"

Note that is it NOT proper to say "$83 is 27.7% greater than $60" because in this statement you'd have to compute how much $23 is as a percentage of $60.