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

calculate the percent change in the electricity bill from march to april. round to the nearest whole percent.\n| expense | march | april |\n|--|--|--| \n| electricity | $120.00 | $100.00 |\n| water | $50.00 | $52.00 |\n| groceries | $110.00 | $125.00 |\n| restaurant | $100.00 | $85.00 |
Answer
Answer:
-17%
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%