Question

Find the percent of change if the original price is $246.95 and the new price is $199.95. Round to nearest tenth of a percent if necessary. Show your work and state whether this is an increase or decrease.

Answer 1

19%
hope this is right

Answer 2

Percentage change = 19%

Explanation:

Since the new price is lesser than the original price the percentage change will be a decrease.

To find the percentage change use the formula

`Percentage \: \: change = (change)/(original \: \: quantity) * 100`

To find the change subtract the new price from the original price

new price = $199.95

original price = $246.95

Change = $246.95 - $ 199.95 = $47

`Percentage \: \: change = (47)/(246.95) * 100`

Percentage change = 19%

Hope this helps you