Question

In 2004, Company A reported sales of $2 million. In 2005, the company had sales of $0.7 million. Find the percent of change to the nearest tenth of a percent. Is this a percent of increase or decrease?

Answer 1

Why don't you try this one yourself since we've already done a similar problem.

Answer 2

use the same technique as the other percentage of rate question

Answer 3

i got 185.7% decrease am i correct? @KingGeorge @panlac01

Answer 4

you subtract the new value to the old value and then divide it to the absolute value of the old value. then multiple the quotient by 100%.

Answer 5

I think you did it just a little bit wrong. Instead of dividing by .7, divide by 2.

Answer 6

sorry subtract the old value to the new value

Answer 7

a decrease in value always gives you a negative answer.

Answer 8

so is it a 65% decrease? @panlac01 @KingGeorge

Answer 9

no

Answer 10

That looks perfect to me. You can arguably put a negative in front, but the number is correct.

Answer 11

I would say a -65% change, or a 65% decrease.

Answer 12

ok thanks @KingGeorge i have to say 65 cuz negative 65 isnt one of the choices

Answer 13

That looks good then. Good job.

Answer 14

thank you!

Answer 15

I guess because the negative is answerable by the word "decrease"

Answer 16

The decrease kind of implies a negative sign to me.

Answer 17

yeh