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Mathematics 14 Online
OpenStudy (anonymous):

Help please??? If the price of gold went from $460 an ounce to $483 an ounce in one week, write an equation to find the percent change in the price of gold. Then determine the percent change.

OpenStudy (phi):

first step: write the change in price divided by the original price. can you do that ?

OpenStudy (anonymous):

no

OpenStudy (phi):

how much did the price change when it went from $460 an ounce to $483 an ounce ?

OpenStudy (anonymous):

23

OpenStudy (phi):

now divide 23 by the original price.

OpenStudy (phi):

23/460 change that to a decimal. if you type 23/460= into google it will give you the decimal version

OpenStudy (anonymous):

0.05

OpenStudy (phi):

last step. change 0.05 to a percent by 1) multiply by 100 2) then put a % sign next to the number

OpenStudy (anonymous):

5%

OpenStudy (phi):

yes

OpenStudy (anonymous):

thank you

OpenStudy (phi):

yw

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