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What is the percent of change from $600,000$ to $900,000$ ? $\newline$ Choices: $\newline$ (A) $46\%$ increase $\newline$ (B) $50\%$ decrease $\newline$ (C) $46\%$ decrease $\newline$ (D) $50\%$ increase

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Percent of change

Full solution

Q. What is the percent of change from

600,000

to

900,000

?

\newline

Choices:

\newline

(A)

46\%

increase

\newline

(B)

50\%

decrease

\newline

(C)

46\%

decrease

\newline

(D)

50\%

increase

Calculate Difference: Step $1$ : Calculate the difference between the final and initial values. $\newline$ Initial value: $600,000$ $\newline$ Final value: $900,000$ $\newline$ Difference = Final value - Initial value = $900,000 - 600,000 = 300,000$
Calculate Percent: Step $2$ : Calculate the percent of change. $\newline$ Percent of change = $(\frac{\text{Difference}}{\text{Initial value}}) \times 100\%$ $\newline$ Percent of change = $(\frac{300,000}{600,000}) \times 100\%$ = $0$ . $5$ \times $100$ \% = $50$ \%
Determine Increase: Step $3$ : Determine if it's an increase or decrease. $\newline$ Since the value increased from $600,000$ to $900,000$ , it's an increase.

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