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Find the percent of change if the original price is $246.95 and the new price is $199.95. Round to nearest tenth of a percent if necessary. Show your work and state whether this is an increase or decrease.

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Stephen46

Answer:

Percentage change = 19%

Step-by-step explanation:

Since the new price is lesser than the original price the percentage change will be a decrease.

To find the percentage change use the formula

[tex]Percentage \: \: change = \frac{change}{original \: \: quantity} \times 100[/tex]

To find the change subtract the new price from the original price

new price = $199.95

original price = $246.95

Change = $246.95 - $ 199.95 = $47

[tex]Percentage \: \: change = \frac{47}{246.95} \times 100[/tex]

Percentage change = 19%

Hope this helps you

19%
hope this is right

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