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.
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<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.
Answer:
Step-by-step explanation:
<u>This is an AP with:</u>
- The first term a₁ = 12
- Common difference d = 3
- Number of terms n = 40
<u>Number of the seats:</u>
- Sₙ = 1/2*n(a₁ + aₙ) = 1/2n(2a₁ + (n - 1)d)
- S₄₀ = 1/2*40(12*2 + 39*3) = 2820 seats
<u>Formula of nth term:</u>
- aₙ = a₁ + (n - 1)d
- aₙ = 12 + (n - 1)*3 = 12 + 3n - 3 = 3n + 9
- aₙ = 3n + 9
