The problem in the image is:

The price of an item yesterday was $60. Today, the price fell to $33. Find the percentage decrease.

Solution:

The formula for percentage decrease is: $\text{Percentage Decrease} = \frac{\text{Original Price} - \text{New Price}}{\text{Original Price}} \times 100$

1. Original Price (yesterday): $60

2. New Price (today): $33

3. Difference in price:
   $60 - 33 = 27$

4. Compute the percentage decrease: $\text{Percentage Decrease} = \frac{27}{60} \times 100 = 45\%$

Final Answer:

The percentage decrease is 45%.

Would you like a further breakdown or additional examples?

Related Questions:

1. What is the formula for calculating percentage increase?
2. If an item's price increases from $33 to $60, what is the percentage increase?
3. How does percentage decrease differ from absolute decrease?
4. Can the percentage decrease ever exceed 100%? Why or why not?
5. How can percentage changes be visualized in charts or graphs?

Tip:

Always double-check the original and new values in problems involving percentages to avoid simple calculation errors!