Answer :
The percent decrease in the price of this bottled water is 20%
What is percentage?
Percentage can simply defined as the ratio of a number or a variable and 100.
Percentage is represented with the symbol, %.
From the information given, we have that;
Original amount for 16-ounce bottle = $1.25
New amount for 16-ounce bottle = $1. 00
The formula for calculating the percent decrease is represented as;
Percent decrease = original value - new value/original value × 100/1
Substitute the values, we have;
Percent decrease = 1.25 - 1.00/1.25 × 100
Subtract the values
Percent decrease = 20%
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