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\( \begin{array}{l} \text { Example: } 188 \text { meters to } 42 \text { meters } \\ \text { percent change }=\frac{188-42}{188}=\frac{146}{188} \\ x=\frac{146}{100} \\ \frac{188 x}{188}=\frac{14600}{188} \\ x=77 \\ \text { Answer: } 77.7 \% \text { decrease }\end{array} \)

Ask by Chen Hamilton. in the United States
Mar 09,2025

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Answer

The percent decrease is approximately 77.7%.

Solution

Let's break down the example step by step to understand how to calculate the percent change. 1. **Identify the known values:** - Initial value (old value): \( 188 \) meters - Final value (new value): \( 42 \) meters 2. **Calculate the change in value:** \[ \text{Change} = \text{Initial value} - \text{Final value} = 188 - 42 = 146 \text{ meters} \] 3. **Calculate the percent change:** The formula for percent change is given by: \[ \text{Percent Change} = \frac{\text{Change}}{\text{Initial value}} \times 100 \] Substituting the values we have: \[ \text{Percent Change} = \frac{146}{188} \times 100 \] 4. **Calculate the fraction:** First, we calculate \( \frac{146}{188} \): \[ \frac{146}{188} \approx 0.7766 \] 5. **Convert to percentage:** Now, multiply by \( 100 \): \[ 0.7766 \times 100 \approx 77.66 \] 6. **Final result:** The percent change is approximately \( 77.66\% \). Since the value decreased, we can say: \[ \text{Answer: } 77.7\% \text{ decrease} \] Thus, the final answer is a \( 77.7\% \) decrease.

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Beyond the Answer

Did you know that percent change is often used in economics to measure inflation or track changes in stock prices? This metric helps investors and business owners understand market trends, and it plays a vital role in making informed decisions. Many of your favorite brands probably use percent change in their marketing to show how much better their new product is compared to the old one! When calculating percent change, common pitfalls include forgetting to take the absolute difference, or misplacing parentheses in your calculations. Ensuring you’re clear on which number represents the original value is essential; if you mistakenly use the new value instead, your result could be way off! Stay mindful of these details, and you’ll be a percent change pro in no time!

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