Question 452574: im studying for my end of course exam so anything on percent decrease/increase would be nice. thanks.
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! im studying for my end of course exam so anything on percent decrease/increase would be nice. thanks
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%Increase from $20 to $35??
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1st figure out the QUANTITY INCREASE:
35-20 = 15
2nd divide the quantity increase by the initial price.
15/20 = 0.75 = 75% increase
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% Decrease from $50 to $20???
1st figure out the QUANTITY DECREASE:
50-20 = 30
2nd divide the quantity decrease by the initial price
30/50 = 3/5 = 0.60 = 50%
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Hope this helps.
Cheers,
Stan H.
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