The new number, 200, is 400 less than the original number. What is the approximate percent change?


AThe percent change is approximately 66%.
BThe percent change is approximately 1.5%.
CThe percent change is approximately 0.6%.

Verified Answer :

  • Define the original number as \(O\) and use the given condition \(200 = O - 400\) to find that \(O = 600\).
  • Calculate the percent change using the formula \(\frac{N - O}{O} \times 100\%\), where \(N=200\) and \(O=600\).
  • Determine that the change is \(\frac{200 - 600}{600} \times 100\% = -\frac{2}{3} \times 100\% \approx -66.67\%\).
  • Match the result to option (a), which is \(\boxed{a}\).

Explanation

  1. Determining the Original Number

We start by identifying the variables and the given information. Let the original number be represented by \(O\). We are given that the new number, \(N = 200\), is \(400\) less than the original number \(O\). Mathematically, this relationship is expressed as:
\[N = O - 400\]
Substituting the known value of \(N = 200\) into the equation, we get:
\[200 = O - 400\]
Solving for the original number \(O\), we add \(400\) to both sides:
\[O = 200 + 400 = 600\]
So, the original number is \(600\).

  1. Calculating the Percent Change

The percent change is defined as the change in value relative to the original value, expressed as a percentage. The formula is:
\[\text{Percent Change} = \left(\frac{N - O}{O}\right) \times 100\%\]
We know \(N = 200\) and \(O = 600\). The change in the number is \(N - O = 200 - 600 = -400\).
Substituting these into the formula, we have:
\[\text{Percent Change} = \left(\frac{-400}{600}\right) \times 100\%\]
Simplifying the fraction \(\frac{-400}{600}\) gives \(\frac{-2}{3}\).
\[\text{Percent Change} = -\frac{2}{3} \times 100\% \approx -66.67\%\]
The negative sign indicates a decrease. The magnitude of the percent change is approximately \(66.67\%\).

  1. Selecting the Correct Option

Comparing our result of approximately \(66.67\%\) to the given options:

AThe percent change is approximately \(66\%\).
BThe percent change is approximately \(1.5\%\).
CThe percent change is approximately \(0.6\%\).

The result clearly aligns with option (a). Thus, the percent change is approximately \(66\%\).
\[\boxed{a}\]

Examples

Percent change is a fundamental concept used in finance and daily economics. For example, if a store lowers the price of a \$600 television by \$400, the new price becomes \$200. Calculating the percent decrease, which is \(\frac{\$200 - \$600}{\$600} \times 100\% = -66.67\%\), helps consumers and retailers understand the scale of a discount. This same logic applies to tracking changes in company revenue, population growth, or any numerical data that fluctuates over time.