Answered

In 1967, a

30-second Super Bowl commercial cost $40,000. 

In 2000, a 30-second commercial cost $1,800,000.  What was the percent of change in the cost of

a commercial?

Verified Answer :

($1,800,000 - $40,000)/$40,000*100

($1,760,000)/$40,000100

44100

4400% change

InesWalston

Answer:

The percent of change in the cost of  a commercial is 4400%

Step-by-step explanation:

In 1967, a  30-second Super Bowl commercial cost $40,000 i.e the initial cost was $40000

In 2000, a 30-second commercial cost $1,800,000 i.e the final cost was $1800000

We know that,

\(\text{Percentage change}=\dfrac{\text{Final Value - Initial Value}}{\text{Initial Value}}\times 100\%\)

\(=\dfrac{\text{1800000 - 40000}}{\text{4000}}\times 100\%\)

\(=\dfrac{\text{1760000}}{\text{4000}}\times 100\%\)

\(=44\times 100\%\)

\(=4400\%\)

Therefore, the percent of change in the cost of  a commercial is 4400%

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