Question

the cost of a backpack decreases from $60 to $48. what is the percent decrease? 20% 12% 24% 28%

Explanation:

Step1: Find the amount of decrease

Subtract the new price from the original price: $60 - 48 = 12$.

Step2: Calculate the percent decrease

Use the formula for percent decrease: $\frac{\text{Amount of Decrease}}{\text{Original Amount}} \times 100\%$. Substitute the values: $\frac{12}{60} \times 100\% = 0.2 \times 100\% = 20\%$.

Answer:

20%