Verified Answer :

Rewrite the problem as an equation

11.70 = 15.60 × x
11.70/15.60 = x

x = .75

Multiply by 100 (move decimal 2 places to the right) to Co vertical to percentage.

x = 75%

Answer:

percentage change=25% .

Step-by-step explanation:

Given : $15.60 to $11.70    .

To find:  What is the percent change .

Solution: We have given that   $15.60 to $11.70  .

Change = final value - initial value .

Change   = $15.60 - $11.70  

                   =$3.9

percentage change = \(\frac{change}{original value}*100\)

                                =   \(\frac{3.9}{15.60}*100\)

                                =   \(\frac{390}{1560}*100\).

On dividing both number by 3

percentage change=\(\frac{130}{520}*100\).

percentage change=\(\frac{1}{4}*100\).

percentage change=25% .

Therefore, percentage change=25% .