Absolutely! Let’s work through the problem step-by-step.
1. Initial Amount:
The initial amount given is £67.
2. Percentage Decrease:
The percentage decrease is 26%.
3. Calculate the Decrease Amount:
To find the amount of decrease, we need to calculate 26% of £67.
[tex]\[
\text{Decrease amount} = \left(\frac{26}{100}\right) \times 67
\][/tex]
Evaluating this, we get:
[tex]\[
\text{Decrease amount} = 17.42
\][/tex]
4. Calculate the New Amount:
To find out the new amount after the decrease, we subtract the decrease amount from the initial amount.
[tex]\[
\text{New Amount} = 67 - 17.42
\][/tex]
Evaluating this, we get:
[tex]\[
\text{New Amount} = 49.58
\][/tex]
Therefore, by decreasing £67 by 26%, the decrease amount is £17.42 and the new amount after the decrease is £49.58.
