To find the percentage change from 800000 to 450000, we need to first calculate the difference between the two numbers.
Step 1: Determine the initial value. The initial value refers to the starting point or the original amount. In this case, the initial value is 800,000.
Step 2: Determine the final value. The final value refers to the ending point or the new amount. In this case, the final value is 450,000.
Step 3: Calculate the decrease in value. To find the decrease, subtract the final value from the initial value:
Decrease = Initial Value - Final Value
Decrease = 800,000 - 450,000
Step 4: Calculate the percent decrease. To calculate the percent decrease, divide the decrease by the initial value and multiply by 100:
Percent Decrease = (Decrease / Initial Value) * 100
Percent Decrease = (350,000 / 800,000) * 100
Step 5: Simplify the fraction (if necessary). In this case, the fraction (350,000 / 800,000) cannot be simplified further.
Step 6: Calculate the percent. Now, let's calculate the percent decrease using a calculator or by dividing and multiplying:
Percent Decrease = (0.4375) * 100
Percent Decrease = 43.75%
So, the percent decrease from 800,000 to 450,000 is 43.75%.
It's important to note that the steps provided above can be used as a general approach to solve any percent decrease problem. Just plug in the appropriate values for the initial and final amounts, and follow the steps accordingly.
Let's explore a couple of examples to further solidify our understanding of percent decrease.
Example 1:
Suppose the original price of a laptop was $1,200, and it is now on sale for $960. What is the percent decrease in the price?
Step 1: Determine the initial value.
The initial value is $1,200.
Step 2: Determine the final value.
The final value is $960.
Step 3: Calculate the decrease in value.
Decrease = Initial Value - Final Value
Decrease = $1,200 - $960
Decrease = $240
Step 4: Calculate the percent decrease.
Percent Decrease = (Decrease / Initial Value) * 100
Percent Decrease = ($240 / $1,200) * 100
Percent Decrease = 0.2 * 100
Percent Decrease = 20%
Therefore, the percent decrease in the price of the laptop is 20%.
Example 2:
Suppose the number of students in a school decreased from 900 to 720. What is the percent decrease in the student population?
Step 1: Determine the initial value.
The initial value is 900.
Step 2: Determine the final value.
The final value is 720.
Step 3: Calculate the decrease in value.
Decrease = Initial Value - Final Value
Decrease = 900 - 720
Decrease = 180
Step 4: Calculate the percent decrease.
Percent Decrease = (Decrease / Initial Value) * 100
Percent Decrease = (180 / 900) * 100
Percent Decrease = 0.2 * 100
Percent Decrease = 20%
Therefore, the percent decrease in the student population is 20%.
These examples demonstrate the application of percent decrease in different scenarios. By following the step-by-step approach, you can easily calculate the percent decrease in any given situation.
Percent decrease represents the amount of decrease relative to the original value, expressed as a percentage. It is a valuable tool for analyzing changes and understanding the magnitude of differences between quantities.