QUESTION IMAGE
Question
calculate the percent change in the electricity bill from march to april. round to the nearest whole percent.
| expense | march | april |
|---|---|---|
| water | $50.00 | $52.00 |
| groceries | $110.00 | $125.00 |
| restaurant | $100.00 | $85.00 |
Step1: Identify initial and final values
Initial value (March bill) = $120, Final value (April bill) = $100
Step2: Use percent - change formula
Percent change=$\frac{\text{Final value}-\text{Initial value}}{\text{Initial value}}\times100\%=\frac{100 - 120}{120}\times100\%$
Step3: Calculate the numerator
$100-120=-20$
Step4: Calculate the fraction
$\frac{-20}{120}\times100\%=-\frac{1}{6}\times100\%\approx - 16.67\%$
Step5: Round to nearest whole percent
Rounding - 16.67% to the nearest whole percent gives - 17%
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-17%