Step-by-step explanation:
Address the formula, input parameters & values
Formula :
Difference/Initial Value
x 100 = Percent Decrease (%)
Initial Value X = 500 & New Value Y = 300
Decrease = (X - Y)
(500 - 300) / 500 x 100 = ?
step 2
Apply the values in the percentage decrease {(X - Y)/X x 100} formula
=(500 - 300) / 500 x 100
=200/500 x 100
= 40%
(500 - 300) / 500 x 100 = 40%
The percentage reduction can be written as 60% of 500.
40 percent decrease (%↓) or reduction from 500 is 300.
