reggie is paid by commission and earned $1,575 last month. this month he made $1,250. by what percentage did…

reggie is paid by commission and earned $1,575 last month. this month he made $1,250. by what percentage did reggies earnings decrease? round your answer to the nearest whole percentage.

reggie is paid by commission and earned $1,575 last month. this month he made $1,250. by what percentage did reggies earnings decrease? round your answer to the nearest whole percentage.

Answer

Explanation:

Step1: Calculate the amount of decrease

$1575 - 1250=325$

Step2: Calculate the percentage decrease

The formula for percentage decrease is $\frac{\text{Amount of decrease}}{\text{Original amount}}\times 100%$. So, $\frac{325}{1575}\times 100% \approx 20.63%$.

Step3: Round to the nearest whole percentage

Rounding $20.63%$ to the nearest whole percentage gives $21%$.

Answer:

$21%$