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

Ask by Wang Lane. in the United States
Mar 09,2025

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Answer

The iPhone price decreased by 6.25% from 2020 to 2022.

Solution

1. Calculate the difference in price from 2020 to 2022: \[ \text{Difference} = 800 - 750 = 50 \] 2. Find the percentage decrease relative to the 2020 price: \[ \text{Percentage Decrease} = \left(\frac{50}{800}\right) \times 100\% = 6.25\% \] Thus, the iPhone price decreased by \(6.25\%\) from 2020 to 2022.

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Extra Insights

Did you know that iPhone prices can fluctuate based on various factors, including the release of newer models and changes in production costs? For instance, when Apple released the iPhone 13 in 2021, it allowed older models like the iPhone 12 to see price reductions, hence the drop to $750 in 2022. This strategy keeps the brand fresh while giving consumers more options! If you're looking to buy an iPhone at the best price, wait for major shopping events like Black Friday or back-to-school sales. Often, retailers will offer enticing discounts or bundles, and buying previous models instead of the latest release can save you a pretty penny. Just remember to check for any trade-in deals to maximize your savings!

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