Question

In percent problems, the term rate refers to the A. comparison of one ratio to another. B. percent of increase or decrease. C. part of the whole amount that's being considered. D. whole amount that's being considered.

Answer 1

B. percent of an increase of decrease

Answer 2

B. percent of increase or decrease.

Explanation:

In percent problems, the term rate refers to the - percent of increase or decrease.

Rate is any number with % sign that is applied to the money.

For example- Suppose we have a principal amount of $5000 and we will be getting a quarterly interest of 5%, then the rate is the 5%.

It is a percent of increase or decrease. Like sometimes the rate goes up and sometimes it goes down.