In a recent year, certain colleges and universities received about $268 million in aid. Ten years later, they received about $94 million. Find the percent of change. State whether the change is an increase or a decrease. a.35% decrease
b. 35% increase
c. 65% increase
d. 65% decrease
2 answers:
D) 65% decrease. I worked it out by: 268 mill - 94 mill (calculating the difference in money) then divided that by the original 268 mill, to finally get 0.64925.... And since the money is decreasing, it is a 65% decrease. Hope this helps, and I think it should be right - but maybe double check in case :)
Answer:
d. 65% decrease
Step-by-step explanation:
In the current situation, the colleges and universities received about $268 million in aid.
Ten years later, they received about $94 million.
Decrease in amount is = million dollars
= 174 million dollars
The percentage of change with respect to current value is :
% ≈65%
And since the amount of aid received is decreasing, so this percentage is a decreased value.
The answer is option D.
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