What is the percent change of $15.60 to $11.70?
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% .