Question

In 1990, organic food and beverages accounted for one billion dollars of U.S. sales. By 2010, that number had risen to 26.7 billion dollars. Find the percent change.

a) 25.7%
b) 167%
c) 2670%
d) 267%

Answer 1

The percent change is 2570%.

Step-by-step explanation:

To find the percent change, we can use the percent change formula:

Percent Change = ((New Value - Original Value) / Original Value) * 100

Using the given information, the original value is 1 billion dollars and the new value is 26.7 billion dollars. Plugging these values into the formula, we get:

((26.7 - 1) / 1) * 100 = 2570%

Therefore, the percent change is 2570%.