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What is the percent of change from 2020 to 1414?\newlineChoices:\newline(A) 30%30\% increase\newline(B) 6%6\% increase\newline(C) 30%30\% decrease\newline(D) 6%6\% decrease

Full solution

Q. What is the percent of change from 2020 to 1414?\newlineChoices:\newline(A) 30%30\% increase\newline(B) 6%6\% increase\newline(C) 30%30\% decrease\newline(D) 6%6\% decrease
  1. Calculate Difference: Calculate the difference between the initial and final values.\newline2014=620 - 14 = 6\newlineAmount of change is 66.
  2. Calculate Percent Change: Determine the original amount and calculate the percent of change.\newlinePercent of change = (Amount of changeOriginal amount)×100%(\frac{\text{Amount of change}}{\text{Original amount}}) \times 100\%\newlinePercent of change = (620)×100%(\frac{6}{20}) \times 100\%\newline= 00.33 \times 100100\%\newline= 3030\%
  3. Identify Increase or Decrease: Identify if the change is an increase or a decrease.\newlineSince the number goes down from 2020 to 1414, it is a decrease.