Answer:
76%
Explanation:
The percentage of the decrease can be calculated using the following equation:
[tex]\text{ \% decrease = }\frac{v_i-v_f}{v_i}\times100[/tex]Where vf is the final value and vi is the initial value. So, we can replace vf by 12 dollars and vi by 50 dollars. So:
[tex]\begin{gathered} \text{ \% decrease = }\frac{50-12}{50}\times100 \\ \text{ \% decrease = }76\text{ \%} \end{gathered}[/tex]So, the percentage of the decrease is 76%.
