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Answer:
1. Find the Amount of Change:
- Original price: P 50,000
- Discount: P 500
- Amount of change: P 50,000 - P 500 = P 49,500
2. Calculate the Percent of Change:
- Percent of change = (Amount of change / Original price) * 100%
- Percent of change = (P 49,500 / P 50,000) * 100%
- Percent of change = 0.99 * 100%
- Percent of change = 99%
3. Determine the Type of Change:
- Since the price decreased, this is a percent decrease.
the percent of change on the price of the television is a 1% decrease.