If a number decreases from 1500 to 300 what is the rate of decrease?

To find the rate of decrease, you can use the formula: Rate of Decrease = (Decrease Amount / Original Amount) × 100. In this case, the decrease amount is 1500 - 300 = 1200. So, the calculation would be (1200 / 1500) × 100 = 80%. Therefore, the rate of decrease is 80%. This situation is a classic example of percentage change, which is widely used in financial analysis, marketing, and even everyday budgeting. Understanding how to calculate decrease rates can help you make informed decisions, from shopping discounts to assessing your savings growth!