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What is the percent of change from $800,000$ to $1,000,000$ ? $\newline$ Choices: $\newline$ (A) $28\%$ decrease $\newline$ (B) $25\%$ increase $\newline$ (C) $25\%$ decrease $\newline$ (D) $28\%$ increase

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Percent of change

Full solution

Q. What is the percent of change from

800,000

to

1,000,000

?

\newline

Choices:

\newline

(A)

28\%

decrease

\newline

(B)

25\%

increase

\newline

(C)

25\%

decrease

\newline

(D)

28\%

increase

Calculate Difference: Calculate the difference between the final value and the initial value. $\newline$ $1,000,000 - 800,000 = 200,000$ . $\newline$ Amount of change is $200,000$ .
Find Percent of Change: Find the percent of change using the formula: $(\text{Amount of change} / \text{Original amount}) \times 100\%$ . $\newline$ Percent of change = $(200,000 / 800,000) \times 100\%$ = $25$ \%.
Determine Increase/Decrease: Determine if it's an increase or a decrease. $\newline$ Since the value increased from $800,000$ to $1,000,000$ , it's an increase.

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