Is the value of the new amount greater than or less than the value of the original amount?
17 % 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 $600 and the new amount is $500. This is a decrease in the amount.
600-500= 100
The difference between the new amount and the original amount is $100. Now we can use the formula.