A few days ago
percentage help!?
working on a finance problem..
2004 2005 % change
$2850 $3000 5.3
how is that a 5.3% change? how did we get a 5.3 out of that?
Top 2 Answers
A few days ago
Favorite Answer
The change is an increase of $150.
$150
———- = .0526 or approx. 5.3%
$2850
Hope this helps.
2
A few days ago
if you set it up like an algebra problem you would get:
2850X = 3000
if you divide 3000 by 2850, you get 1.05263….
that means that 2005’s total is 2850 + (2850 * .05263) or just .053 to round it off. Turned into a percentage, .053 is 5.3%.
0
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