A somewhat disorganized hiker forgets to bring his insect repellant on 30% of his hikes. The probability of being bitten is 90%
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$ 40 ..... 100 %
$ 28 ..... x %
The % of change is 70 %.
This is equivalent with:
- the final price ($ 28) is 70 % from the initial price ($ 40)
- the initial price ($ 40) was reduced with 30% giving the new price as:
$ 28 ..... x %
The % of change is 70 %.
This is equivalent with:
- the final price ($ 28) is 70 % from the initial price ($ 40)
- the initial price ($ 40) was reduced with 30% giving the new price as: