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What is the percent of change from 5050 to 3131?\newlineChoices:\newline(A) 19%19\% increase\newline(B) 19%19\% decrease\newline(C) 38%38\% increase\newline(D) 38%38\% decrease

Full solution

Q. What is the percent of change from 5050 to 3131?\newlineChoices:\newline(A) 19%19\% increase\newline(B) 19%19\% decrease\newline(C) 38%38\% increase\newline(D) 38%38\% decrease
  1. Calculate Difference: Calculate the difference between the initial and final values.\newlineInitial value: 5050\newlineFinal value: 3131\newlineDifference: 3150=1931 - 50 = -19
  2. Calculate Percent Change: Calculate the percent of change based on the original amount.\newlineOriginal amount: 5050\newlinePercent of change = (Difference/Original amount)×100%(\text{Difference} / \text{Original amount}) \times 100\%\newlinePercent of change = (19/50)×100%(-19 / 50) \times 100\%\newlinePercent of change = 0.38×100%-0.38 \times 100\%\newlinePercent of change = 38%-38\%
  3. Determine Increase or Decrease: Determine if it's an increase or decrease.\newlineSince the value decreased from 5050 to 3131, it's a decrease.