What is the percent change in price when the price drops from $6 to $5? What is the percent change in price when the price drops from $6 to $5? Assume your answer is a percent and answer a numeric value only.

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Answer:

16.7%

Explanation:

100/6 = 16.666666667% = 1/6

6-5 = 1

1/6 of the price is taken away so 1/6 is the percent it dropped.

Assuming number 6, then answer in numerical value in 16.7%.

What is the price?

Pricing is a very important factor in determining how well-liked a product is in the market.

100/6 = 16.666666667%

= 1/6

6-5 = 1

The price reduced by 1/6, or 1/6 of the original amount.

As a result, 16.7% is accurate.

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