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What is the percent of change from 200,000200,000 to 10,00010,000?\newlineChoices:\newline(A) 95%95\% increase\newline(B) 112%112\% decrease\newline(C) 112%112\% increase\newline(D) 95%95\% decrease

Full solution

Q. What is the percent of change from 200,000200,000 to 10,00010,000?\newlineChoices:\newline(A) 95%95\% increase\newline(B) 112%112\% decrease\newline(C) 112%112\% increase\newline(D) 95%95\% decrease
  1. Calculate Difference: Step 11: Calculate the difference between the final value and the initial value.\newlineInitial value: 200,000200,000\newlineFinal value: 10,00010,000\newlineDifference = Final value - Initial value = 10,000200,000=190,00010,000 - 200,000 = -190,000
  2. Calculate Percent of Change: Step 22: Calculate the percent of change.\newlinePercent of change = (Difference/Initial value)×100%(\text{Difference} / \text{Initial value}) \times 100\%\newlinePercent of change = (190,000/200,000)×100%=95%(-190,000 / 200,000) \times 100\% = -95\%
  3. Determine Increase or Decrease: Step 33: Determine if it's an increase or decrease. Since the percent of change is negative, it indicates a decrease.