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what is the percent of decrease from 500 000 to 50 000?
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Step1: Find the amount of decrease
Subtract the new value from the original value: \( 500000 - 50000 = 450000 \)
Step2: Calculate the percent of decrease
Use the formula for percent decrease: \( \text{Percent Decrease} = \frac{\text{Amount of Decrease}}{\text{Original Amount}} \times 100\% \)
Substitute the values: \( \frac{450000}{500000} \times 100\% = 0.9 \times 100\% = 90\% \)
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90%