SOLUTION: Determine each percent of change. Round to the nearest whole percent. State whether the percent of change is an increase or a decrease 1. $1,500 to $2,225

Algebra ->  Average -> SOLUTION: Determine each percent of change. Round to the nearest whole percent. State whether the percent of change is an increase or a decrease 1. $1,500 to $2,225      Log On


   



Question 1057114: Determine each percent of change. Round to the nearest whole percent. State whether the percent of change is an increase or a decrease 1. $1,500 to $2,225
Answer by math_helper(2461) About Me  (Show Source):
You can put this solution on YOUR website!
Percent change is +100%2A%28final_value-initial_value%29%2Finitial_value+


For this problem:
Percentage change = +100%2A%282225-1500%29%2F1500+
= +100%2A725%2F1500+
= ++48.33333+

Ans: 48.333% (increase)