If the price decreases by 60%, how much more quantity can be bought for the same money?
- 60% more
- 100% more
- 150% more
- 250% more
Explanation
Let’s say you originally have $100, and the original price per unit is $1. You can buy:
Before price drop: $100 ÷ $1 = 100 units
A 60% price decrease means the new price is:
New price = $1 - 60% of $1 = $0.40
After price drop: $100 ÷ $0.40 = 250 units
So, the increase in quantity is:
250 - 100 = 150 units more, which is a 150% increase.
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