Answer:
The percent decrease is 16.67%.
Step-by-step explanation:
percent change = (new price - old price)/(old price) × 100%
percent change = (N1250 - N1500)/(N1500) × 100%
percent change = -250/1500 × 100%
percent change = -16.67%
A negative percent change is a percent decrease.
The percent decrease is 16.67%.
