Question

What is the percent of change from 500,000 to 700,000? 40% increase 33% increase 40% decrease 33% decrease submit?

Answer 1

[ ( |500,000-700,000| ) / 500,000 ] * 100 = 40%

Answer 2

Hey there,
% change = (Difference / original price ) x 100
                 = ((700,000 - 500,000) / 500,000) x 100
                 = (200,000 / 500,000 ) x 100
                 = 40% 
Thus the answer is 40% increase.

Hope this helps :))

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