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Paul [167]
4 years ago
10

In horizontal analysis the percent change is computed by: a. Subtracting the analysis period amount from the base period amount.

b. Subtracting the base period amount from the analysis period amount, dividing the result by the base period amount, then multiplying that amount by 100. c. Adding the analysis period amount to the base period amount, dividing the result by the base period amount, then multiplying that amount by 100. d. Adding the base period amount to the analysis period amount.
Mathematics
1 answer:
Sonja [21]4 years ago
3 0

Answer:

  b. Subtracting the base period amount from the analysis period amount, dividing the result by the base period amount, then multiplying that amount by 100%

Step-by-step explanation:

A percentage change can be computed from ...

  ((new amount) -(old amount))/(old amount) × 100%

This best matches the description of choice B.

_____

<em>Comment on the answer</em>

The formula offered in the question will show the "percent change" from 100 to 103 as 3. It is not 3; rather, it is 3%. The final multiplication must be by 100% in order to arrive at the proper number.

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A distance runner is running an 18-mile race. So far, he has run 43% of the race.
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Aidan is participating in an 8 mile walk for his favorite charity. The organizers used a coordinate grid to plot the course. The
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Aidan is 2 miles far from the ending point when he reaches the water station.

Step-by-step explanation:

The locations of the starting point, water station and ending point are (3, 1), (3, 7) and (3, 9), all expressed in miles. First we determine the distances between starting and ending points and between starting point and water station by the Pythagorean Theorem:

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3 years ago
16) Your salary goes from $8.75 an hour at your present job to $16.50 an hour in your new job. What is
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Answer:

The percent change in salary from one job to the next is 88.57%.

Step-by-step explanation:

The previous salary of per hour =  $8.75 per hour

The current salary of per hour  = $16.50 per hour

Change in the salary rate per hour  =  Current salary  -  Previous Salary

                                                             = $16.50 per hour -  $8.75 per hour

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⇒The change in the salary per hour rate is $7.75

Now, \textrm{Percentage Change in salary}  = \frac{\textrm{Change in the rate of salary}}{\textrm{Previous Salary}}  \times 100

= \frac{7.75}{8.75}  \times 100 = 88.57

or, the change in salary percentage is 88.57%

Hence, the percent change in salary from one job to the next is 88.57%.

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