What is the percent of change from 5,000 to 7,000? Choices: (A)40% increase (B)39% increase (C)39% decrease (D)40% decrease

Calculate Difference: Calculate the difference between the final value and the initial value. 7,000 - 5,000 = 2,000. Amount of change is 2,000.Calculate Percent of Change: Calculate the percent of change using the formula: (Amount of change / Original amount) × 100%. Percent of change = (2,000 / 5,000) × 100% = 0.4 × 100% = 40%.Determine Increase or Decrease: Determine if the change is an increase or a decrease. Since the value increased from 5,000 to 7,000, it is an increase.

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Math Problems

Grade 8

Percent of change

Full solution

Q. What is the percent of change from

5,000

7,000

\newline

Choices:

\newline

(A)

40\%

increase

\newline

(B)

39\%

increase

\newline

(C)

39\%

decrease

\newline

(D)

40\%

decrease

Calculate Difference: Calculate the difference between the final value and the initial value. $7,000 - 5,000 = 2,000$ . Amount of change is $2,000$ .
Calculate Percent of Change: Calculate the percent of change using the formula: $(\text{Amount of change} / \text{Original amount}) \times 100\%$ . $\newline$ Percent of change = $(2,000 / 5,000) \times 100\%$ = $0.4 \times 100\%$ = $40\%$ .
Determine Increase or Decrease: Determine if the change is an increase or a decrease. $\newline$ Since the value increased from $5,000$ to $7,000$ , it is an increase.