Q. What is the percent of change from 800,000 to 1,000,000?Choices:(A) 20% increase(B) 25% decrease(C) 25% increase(D) 20% decrease
Calculate Difference: Calculate the difference between the final value and the initial value.Difference = 1,000,000−800,000=200,000.
Determine Percent of Change: Determine the percent of change using the formula: (Amount of change/Original amount)×100%.Percent of change = (200,000/800,000)×100% = 25%.
Identify Increase: Identify if it's an increase or a decrease. Since the value went up from 800,000 to 1,000,000, it's an increase.