What oversight has occurred in the following example? The price is reduced by 400% because it was $1 and is now just 25 cents.
A) use of too large percentages
B) percentage decreases can not exceed 100%
C) use of too small a base
D) averaging percentages
E) percentages cannot exceed 100%

Question

Quizplus · Accepted Answer

A percentage decrease cannot exceed 100% because a 100% decrease would mean the price has been reduced to $0. Reducing something by more than 100% does not make logical sense in this context.

What Oversight Has Occurred in the Following Example? the Price