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Chapter 2: Q. 137 (page 130)

Hernando鈥檚 salary was \(49,500 last year. This year his salary was cut to \)44,055. Find the percent change.

Short Answer

Expert verified

The percentage change isWhich depicts decrease in salary.

Step by step solution

01

Step. 1 Given information 

Initial value = $49500

Final value = $44055

02

Step. 2 Concept 

Percentage change equals the change in value divided by the value of the original value, multiplied by 100.

03

Step. 3 Calculation  

Percentage change =Finalvalue-initialvalueinitialvalue脳100=44055-4950049500脳100=-544549500脳100=54450049500=-11

Thus percentage change is -11% . Which depicts decrease in salary.

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