Civil Service Exam Reviewer · Percentage · medium

The price of rice dropped from ₱1,200 to ₱720 per sack. What was the percent decrease?

  1. 66.67%
  2. 40%
  3. 60%
  4. 480%

Answer

B. 40%

Solution

Decrease = ₱480. 480 ÷ 1,200 × 100 = 40%.

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