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What is the percent of change from 55 to 66?\newlineChoices:\newline(A) 1%1\% decrease\newline(B) 1%1\% increase\newline(C) 20%20\% decrease\newline(D) 20%20\% increase

Full solution

Q. What is the percent of change from 55 to 66?\newlineChoices:\newline(A) 1%1\% decrease\newline(B) 1%1\% increase\newline(C) 20%20\% decrease\newline(D) 20%20\% increase
  1. Calculate Difference: Calculate the difference between the final value and the initial value.\newlineDifference = 65=16 - 5 = 1
  2. Determine Original Amount: Determine the original amount for calculating the percent change. Original amount = 55
  3. Calculate Percent of Change: Calculate the percent of change using the formula: (Amount of change/Original amount)×100%(\text{Amount of change} / \text{Original amount}) \times 100\%.\newlinePercent of change = (1/5)×100%=20%(1 / 5) \times 100\% = 20\%