Answer:
6.85% decrease
Step-by-step explanation:
Initial Price = $3.65
Final Price = $3.40
Difference in price = Final - Initial = $3.40 - $3.65 = - $0.25
The negative sign indicates that the price decreased hence we can say that the decrease is positive $0.25.
% decrease
= (Amount decreased / initial price) x 100%
= (0.25 / 3.65) x 100%
= 6.85% decrease
