Of course! Let's go through the steps to decrease £56 by 14% using the multiplier method:
1. Identify the initial amount and decrease percentage:
- The initial amount is £56.
- The decrease percentage is 14%.
2. Calculate the multiplier for the 14% decrease:
- When you decrease by a percentage, you subtract that percentage from 100%. So, we have:
[tex]\[
100\% - 14\% = 86\%
\][/tex]
- Convert the percentage to a decimal to use as a multiplier:
[tex]\[
86\% = \frac{86}{100} = 0.86
\][/tex]
3. Apply the multiplier to the initial amount:
- Multiply the initial amount by the multiplier:
[tex]\[
\text{Final Amount} = 56 \times 0.86
\][/tex]
4. Calculate the final amount:
- Performing the multiplication gives:
[tex]\[
56 \times 0.86 = 48.16
\][/tex]
So, decreasing £56 by 14% using the multiplier method results in £48.16.
