Podcast
Questions and Answers
What is the formula to calculate percentage change?
What is the formula to calculate percentage change?
- ((Final Value - Initial Value) / Initial Value) * 100 (correct)
- (Final Value - Initial Value) / 100
- ((Final Value / Initial Value) * 100) - 100
- ((Final Value - Initial Value) / Final Value) * 100
What does 20% increase of a quantity mean?
What does 20% increase of a quantity mean?
- The quantity becomes 120% of the original (correct)
- The quantity becomes double of the original
- The quantity becomes 20 times the original
- The quantity becomes 20% of the original
If a shirt is initially priced at $40 and is discounted by 25%, what is the discounted price?
If a shirt is initially priced at $40 and is discounted by 25%, what is the discounted price?
- $45
- $35 (correct)
- $30
- $10