Q. What is the percent of change from 200,000 to 10,000?Choices:(A) 95% increase(B) 112% decrease(C) 112% increase(D) 95% decrease
Calculate Difference: Step 1: Calculate the difference between the final value and the initial value.Initial value: 200,000Final value: 10,000Difference = Final value - Initial value = 10,000−200,000=−190,000
Calculate Percent of Change: Step 2: Calculate the percent of change.Percent of change = (Difference/Initial value)×100%Percent of change = (−190,000/200,000)×100%=−95%
Determine Increase or Decrease: Step 3: Determine if it's an increase or decrease. Since the percent of change is negative, it indicates a decrease.