What is the percentage change from -63 and -66?

1 Answer
Jun 15, 2017

Answer:

See a solution process below:

Explanation:

The formula for calculating the percent change in a value between two points in time is:

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

Where:

#p# is the percent change: what we are solving for in this problem.

#N# is the New Value: -66 in this problem.

#O# is the Old Value: -63 million in this problem.

Substituting and solving for #p# gives:

#p = (-66 - -63)/-63 * 100#

#p = (-66 + 63)/-63 * 100#

#p = (-3)/-63 * 100#

#p = 300/63#

#p = 4.8# rounded to the nearest tenth.

There was a 4.8% change.