Problem 11
A = old amount = 5000
B = new amount = 6500
C = percent change
C = [ (B-A)/A ] * 100%
C = [ (6500-5000)/5000 ] * 100%
C = (1500/5000) * 100%
C = 0.3*100%
C = 30%
We have a percent increase because C is positive.
Answer: 30% increase
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Problem 12
A = old amount = 150
B = new amount = 135
C = percent change
C = [ (B-A)/A ] * 100%
C = [ (135-150)/150 ] * 100%
C = ( -15/150 ) * 100%
C = -0.10*100%
C = -10%
The negative C value indicates a percent decrease.
Answer: 10% decrease