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reggie is paid by commission and earned $1,575 last month. this month h…

Question

reggie is paid by commission and earned $1,575 last month. this month he made $1,250. by what percentage did reggie’s earnings decrease? round your answer to the nearest whole percentage. a) 79% b) 26% c) 21% d) 20%

Explanation:

Step1: Calculate earnings difference

$\$1,575 - \$1,250 = \$325$

Step2: Find percentage decrease

$\text{Percentage Decrease} = \frac{\$325}{\$1,575} \times 100\%$
$\approx 0.2063 \times 100\% = 20.63\%$

Step3: Round to nearest whole number

$20.63\% \approx 21\%$

Answer:

C) 21%