Question

Employees at a certain company currently have to pay 3% of their health care costs, while the company pays the rest. Next year, however, employees will have to pay 6% of their health care costs. Express this change as an absolute change (in percentage points) and a relative change. The absolute change in the employees' health care costs will be percentagee points. The relative change in the employees' health care costs will be %.

Answer 1

Answer:

Absolute change = 3%

Relative change = 100%

Step-by-step explanation:

Current percentage = 3%

Upcoming percentage = 6%

Absolute change :

Relative change :

Absolute change = (upcoming percentage - current year percentage)

Absolute change = 6% - 3% = 3%

Relative change :

[(upcoming percentage - current year percentage) / current year percentage] * 100%

[(6% - 3%) / 3%] * 100%

(3% / 3%) * 100%

1 * 100%

= 100%