Question

In 1935, there were 15,295 banks in the United States. In 2003 there were 9,182 banks. What is the percent of the change? Is it a percent increase or decrease?

Answer 1

I do not agree because

15,295 -9,182,= 6,113

6,113/15,295 x 100 = 39.96

If following rounding rules the answer is 40%

Explanation:

Answer 2

if it goes from a higher number to a lower number it is a decrease.

(15,295 - 9182) / 15295....x 100
6113 / 15295 = 0.399....x 100 = 39.9% decrease