What is the percent change for 50,000 to 40,000?

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Answer 1 · 2017-01-26T21:19:25

There was a #-20%# change

The formula for percentage or rate change is:

#p = (N - O)/O * 100#

Where:
#p#is the percentage change
#N# is the New Value (40,000 for this problem)
#O# is the Old Value (50,000 for this problem)

Substituting and calculating #p# gives:

#p = (40000 - 50000)/50000 * 100#

#p = (- 10000)/50000 * 100#

#p = (- 1000000)/50000#

#p = -20#