SOLUTION: The price of an item yesterday was $105 . Today, the price fell to $63 . Find the percentage decrease

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Question 960315: The price of an item yesterday was $105
. Today, the price fell to $63
. Find the percentage decrease
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
The FRACTION of the decrease is:
( yesterday's price minus today's price ) / ( yesterday's price )
+%28+105+-+63+%29+%2F+105+
+42+%2F+105+
+6+%2F+15+
+2%2F5+
---------------
The % of the decrease is:
+%28+2%2F5+%29%2A100+
+200%2F5+
+40+
40%