This weekend, the Nintendo Switch Mini is on sale for $413.68. The original cost was $521.73. what is the percent of change?

Answer 1

To find the percent of change, you can use the following formula:

$$\text{Percent of Change}=\frac{\text{New Value}-\text{Old Value}}{\text{Old Value}}\times 100$$

In this case, the old value is $521.73 (original cost) and the new value is $413.68 (sale price).

Now, plug in the values:

$$\text{Percent of Change}=\frac{413.68-521.73}{521.73}\times 100$$

First, calculate the change in value:

$$413.68-521.73=-108.05$$

Now, divide that by the old value:

$$\frac{-108.05}{521.73}\approx -0.2073$$

Finally, multiply by 100 to convert to a percentage:

$$-0.2073\times 100\approx -20.73$$

The percent of change is approximately -20.73%. This indicates a decrease of about 20.73% in the price.