Question

Need to find the percentage of change

From $20.00 to $35.00

Please show how u got the answer.

Thanks

Answer 1

75%

Explanation:

Use formula:

`\text{Percentage of Change}=\frac{\text{New Value}-\text{Old Value}}{\text{Old Value}}\cdot 100\%`

In your case,

Old Value = $20.00

New value = $35.00

So, the percentage of change is

`(35-20)/(20)\cdot 100\%=(15)/(20)\cdot 100\%=15\cdot 5\%=75\%`