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What is the percent of change from 6,0006,000 to 9,0009,000?\newlineChoices:\newline(A) 64%64\% decrease\newline(B) 64%64\% increase\newline(C) 50%50\% increase\newline(D) 50%50\% decrease

Full solution

Q. What is the percent of change from 6,0006,000 to 9,0009,000?\newlineChoices:\newline(A) 64%64\% decrease\newline(B) 64%64\% increase\newline(C) 50%50\% increase\newline(D) 50%50\% decrease
  1. Calculate Difference: Step 11: Calculate the difference between the final and initial values.\newlineInitial value: 6,0006,000\newlineFinal value: 9,0009,000\newlineDifference = Final value - Initial value = 9,0006,000=3,0009,000 - 6,000 = 3,000
  2. Calculate Percent Change: Step 22: Calculate the percent of change.\newlineOriginal amount: 6,0006,000\newlineAmount of change: 3,0003,000\newlinePercent of change = (Amount of change / Original amount) ×\times 100%100\%\newlinePercent of change = (3,000/6,000)×100%=50%(3,000 / 6,000) \times 100\% = 50\%
  3. Determine Increase or Decrease: Step 33: Determine if it's an increase or decrease.\newlineSince the value went up from 6,0006,000 to 9,0009,000, it's an increase.