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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 81
Solve the following increase or decrease problems for the unknown. Round decimals to hundredths and percents to the nearest tenth.
Economic reports indicate that during a recent manufacturing slowdown, unemployment in River Valley increased from 7.4% to 9.8%, an increase of 2.4 percentage points.
a. What percent increase does this represent? Round to the nearest tenth of a percent.
b. As manufacturing picked up, unemployment dropped from 9.8% to 8.1%, a decrease of 1.7 percentage points. What percent decrease does this represent? Round to the nearest hundredth of a percent.
Economic reports indicate that during a recent manufacturing slowdown, unemployment in River Valley increased from 7.4% to 9.8%, an increase of 2.4 percentage points.
a. What percent increase does this represent? Round to the nearest tenth of a percent.
b. As manufacturing picked up, unemployment dropped from 9.8% to 8.1%, a decrease of 1.7 percentage points. What percent decrease does this represent? Round to the nearest hundredth of a percent.
Explanation
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The method of expressing a change from a...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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