one widget decreases

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one widget decreases

by sanju09 » Thu Sep 16, 2010 10:07 pm
If the average cost of producing one widget decreases from $12.50 to $10.75, what is the percent of the decrease?
(A) 10
(B) 12.5
(C) 14
(D) 15
(E) 16

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by goyalsau » Thu Sep 16, 2010 11:57 pm
14% percent decrease.

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by lokesh r » Fri Sep 17, 2010 8:18 am
12.5-10.50=1.75

% decrease = (1.75/12.5)*100=14%.

Ans C