Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

calculate the percent change in the electricity bill from march to apri…

Question

calculate the percent change in the electricity bill from march to april. round to the nearest whole percent.

expensemarchapril
water$50.00$52.00
groceries$110.00$125.00
restaurant$100.00$85.00

Explanation:

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%

Answer:

-17%