Percent decrease refers to the percent change in the value when it is decreased over a period of time. For example, a decrease in the level of rainfall, a decrease in the number of Covid patients, etc. Percent decrease can be calculated by using the percent decrease formula. In this section, we will be discussing the percent decrease formula. Let us learn the Percent decrease formula with a few solved examples.
What is the Percent Decrease Formula?
The percent decrease gives the decrease in quantity with respect to its initial value. To calculate the decrease in percentage, we first need to find the difference in the values. Then, divide the difference by the initial value and multiply it by 100. Percent decrease formula is given as:
Percent Decrease =[(Old Value - New Value) / Old Value] × 100]
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