Question

A company made 34,000.00 in 2007.
This company made 32,500.00 in 2008.
What is the percentage of the difference.

The difference is 1,500.00

Is the difference 44.3 %?


34,000.00
32,500.00
_________
66,500.00

Answer 1

The difference is -1500. (Earnings went down)

The fractional change in earnings was -1500/34,000

That is not 44.3%

Answer 2

32.3%