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What is the percent of change from 1515 to 1818?\newlineChoices:\newline(A) 3%3\% decrease\newline(B) 20%20\% decrease\newline(C) 20%20\% increase\newline(D) 3%3\% increase

Full solution

Q. What is the percent of change from 1515 to 1818?\newlineChoices:\newline(A) 3%3\% decrease\newline(B) 20%20\% decrease\newline(C) 20%20\% increase\newline(D) 3%3\% increase
  1. Calculate Difference: Step 11: Calculate the difference between the final and initial values.\newlineInitial value: 1515\newlineFinal value: 1818\newlineDifference = Final value - Initial value = 1815=318 - 15 = 3
  2. Calculate Percent of Change: Step 22: Calculate the percent of change.\newlineOriginal amount: 1515\newlineAmount of change: 33\newlinePercent of change = Amount of changeOriginal amount\frac{\text{Amount of change}}{\text{Original amount}} ×100%\times 100\% = 315\frac{3}{15} ×100%\times 100\% = 20%20\%