Best Answer

Subtract the lower price from the higher one. Divide the difference by the original price. Multiply the answer by 100.

Example: 15 dollars decreased to 12 dollars.

15 - 12 = 3

3/15 = 0.20 = 20 percent decrease

Example: 12 dollars increased to 15 dollars.

15 - 12 = 3

3/12 = 0.25 = 25 percent increase

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Q: How do you find the percent of change in the price?

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Related questions

in equilibrium

Percent means "hundredths". To get 10% of a price, multiply the price by 10/100.

Elastic

Unit elastic

You have to do the following calculation: Old-new=change 13.99-12.99=1 change/old*100=±7

When the percentage change in price is equal to the percentage change in quantity demanded then demand is said to be unit elastic. There are 3 kinds of price elasticity of demand.

Multiplied the price by the percentage and divided the answer by 100.

(Selling Price - Cost price)/Selling Price * 100

change the percent to a decimal

find cost price if selling price =600 and profit=20%

+16.85%

Divide it by 4.

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