Answer:
13%
Explanation:
If the labor costs were $1,500,000 last year and $1,300,000 this year, what percentage decrease was achieved? (Round to the nearest percent)
labor costs were $1,500,000 and now $1,300,000.
the actual decrease is $1,500,000 - $,1,300,000= $200,000
the percentage decrease
=$200,000/$1,500,000 x 100
=0.1333 x 100
=13.33%
