(A) 25 1/3%
(B) 55 5/9%
(C) 66 1/3%
(D) 69 1/3%
Correct Option is: B
Price of the wooden a year before = $25200
Price of the wooden after a year = $11200
Decrease in price = $(25200 – 11200) = $14000
Therefore, decrease % = 14000/25200 × 100 %
= 55 5/9 %