Question
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Iphones cost \( \$ 800 \) in 2020. In 2022, it cost \( \$ 750 \).

Ask by Carter Griffiths. in the United States
Feb 26,2025

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Answer

The price of iPhones decreased by 6.25% from 2020 to 2022.

Solution

It looks like you’re providing two data points: in 2020, iPhones cost $800, and in 2022, they cost $750. Could you clarify what you'd like to do with this information? For example, are you looking to: • Calculate the percentage change in price? • Discuss potential reasons for the change? • Compare these prices in some other way? If you're interested in calculating the percentage decrease from 2020 to 2022, here’s how you can do it: 1. Find the decrease in price: 800 − 750 = 50. 2. Divide the decrease by the original price: 50/800 = 0.0625. 3. Convert to a percentage: 0.0625 × 100 = 6.25%. So the price decreased by 6.25% from 2020 to 2022. Let me know if you’d like more details or if you had another question in mind!

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Bonus Knowledge

Did you know that the pricing of tech products like iPhones often reflects not just market trends but also the incredible pace of innovation? The drop in price from \( \$ 800 \) to \( \$ 750 \) between 2020 and 2022 could be attributed to various factors including increased competition, newer models being released, and the natural depreciation of older technology as newer versions enter the market. When considering buying an iPhone or any tech gadget, it’s smart to keep an eye out for sales, especially during seasonal events like Black Friday or back-to-school promotions! Additionally, watch for trade-in offers or refurbished options that can help you snag that desired device at an even lower price without compromising on quality.

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