Pearson Algebra 1 Common Core, 2011
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Pearson Algebra 1 Common Core, 2011 View details
6. Exponential Functions
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Exercise 68 Page 459

Is the new price higher or lower than the original price?

31 % decrease

Practice makes perfect
To determine percent change p, we can use the following general formula. p % =Amount of increase or decrease/Original amountFrom the given values, we can see the original amount was $1450 and the new amount is $999. This is a decrease in the amount. $1450-$999= $451 The difference between the new amount and the original amount is $451. Now we can use the formula.
Percent change=Amount of increase/Original amount
Percent change=451/1450
Percent change=0.3110344828
Percent change = 31.10344828 %
Percent change = 31 %
The percent decrease is 31 %.