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A small business earns a profit of $6500 in January and $17,500 in May. What is the rate of change in profit for this time period?

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3 votes
 i think yiu should add those to numbers together and there is your answer  
User Tobias Schulte
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The formula is New÷Old -1. So it would be 6500 (new) ÷ 17,500 (old) - 1. 6500 ÷ 17,500 = 0.371428...,Then you would subtract one from it = -0.628571.. After that, you would move the decimal 2 times =62.8571. Finally you would round it. The answer would be 62.9%! Hoped this helped you!
User Egor Sazanovich
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