Question 1067565
simplest way to solve this is to find the positive value of difference and then divide it by the cost last year and then multiply that by 100%.


if the cost this year is less than the cost last year, your percent is a loss percent.


if the cost this year is greater than the cost last year, your percentis a gain percent.


your cost last year was 600.
your cost this years is 486.


the difference is 114.


divide that by 600 and you get 114/600 = .19.


multiply that by 100 and you get 19%.


since the cost this year is less than the cost last year, you have a loss of 19%.


your price has decreased by 19%.


19% of 600 is equal to 114.