a phone on eBay is priced at $400. the following week the same type of phone was priced for $300. what was the percent decrease in price

Verified Answer :

25 percent. To solve more of these problems put the new price over the original price and you will get the cost of the new object in relation to the original cost.
300/400=.75 which means the new price
1.00-.75=.25 percent drop

Neuron

If you would like to know what was the percent decrease in price, you can calculate this using the following steps:

x% of $400 is $300
x% 400 = 300
x/100
400 = 300
x * 4 = 300     /4
x = 300 / 4
x = 75%

100% - 75% = 25%

The correct result would be 25%.