Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

calculate the percent change in the electricity bill from august to sep…

Question

calculate the percent change in the electricity bill from august to september.

expenseaugustseptember
water$48.00$36.00
groceries$150.00$165.00
restaurant$80.00$96.00

round to the nearest whole percent.

Explanation:

Step1: Identify old and new values

Old value (August electricity bill) = $100, new value (September electricity bill) = $120.

Step2: Use percent - change formula

Percent change = $\frac{\text{New value}-\text{Old value}}{\text{Old value}}\times100\%=\frac{120 - 100}{100}\times100\%$.

Step3: Calculate the numerator

$120−100 = 20$.

Step4: Calculate the fraction and multiply by 100%

$\frac{20}{100}\times100\%=20\%$.

Answer:

20%