A diamond ring was reduced from $999.99 to $699.99. Find the percent decrease in the price. Round the answer to the nearest tenth of a percent.

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Answer:

30.0% decrease.

Step-by-step explanation:

A diamond ring was reduced from $999.99 to $699.99

The decrease is; $999.99 - $699.99 = $300.00

Percentage decrease = [tex]\frac{decrease}{original price}[/tex] × 100

i.e percentage decrease = [tex]\frac{300}{999.99}[/tex] × 100 = 30.0003%

And it equals to 30.0% (rounded off to the nearest tenth of a percent)

The percent decrease should be 30%

Given information:

A diamond ring was reduced from $999.99 to $699.99.

Calculation of percentage;

[tex]= (699.99 - 999.99) \div 999.99\\\\= 300 \div 999.99[/tex]

= 30% decrease

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