percentage decrease

This means making something smaller by a certain percentage.

First, we calculate the decrease. Then, we subtract that decrease from the original sum.

For example, an insurance company is offering a decrease of 20% if a policy is arranged online.

Akeem needs to arrange a policy for his car.

The insurance company has offered him a policy for £300, and if he arranges it online he will receive a decrease of 20%.

Therefore, 20% of £300 = £60.

The price of Akeem’s policy, having arranged it online, is £300 – £60 = £240.

The opposite of ‘percentage decrease’ is ‘percentage increase‘.

We sometimes refer to ‘percentage decrease’ as ‘percentage reduction’.