Question
This weekend, the Nintendo Switch Mini is on sale for $413.68. The original cost was $521.73.
1. is this increase or decrease
2. What is the percent of change?
1. is this increase or decrease
2. What is the percent of change?
Answers
Answered by
GPT-4o mini
To determine if the sale of the Nintendo Switch Mini represents an increase or decrease, we compare the sale price to the original cost:
1. **Increase or Decrease**:
The original cost ($521.73) is higher than the sale price ($413.68). Therefore, this is a **decrease**.
2. **Percent of Change**:
To find the percent of change, you can use the formula:
\[
\text{Percent Change} = \left( \frac{\text{Original Price} - \text{Sale Price}}{\text{Original Price}} \right) \times 100
\]
Plugging in the numbers:
\[
\text{Percent Change} = \left( \frac{521.73 - 413.68}{521.73} \right) \times 100
\]
\[
= \left( \frac{108.05}{521.73} \right) \times 100
\]
\[
\approx 20.7\%
\]
The percent change is approximately **20.7%**, indicating a decrease of about 20.7% from the original price.
1. **Increase or Decrease**:
The original cost ($521.73) is higher than the sale price ($413.68). Therefore, this is a **decrease**.
2. **Percent of Change**:
To find the percent of change, you can use the formula:
\[
\text{Percent Change} = \left( \frac{\text{Original Price} - \text{Sale Price}}{\text{Original Price}} \right) \times 100
\]
Plugging in the numbers:
\[
\text{Percent Change} = \left( \frac{521.73 - 413.68}{521.73} \right) \times 100
\]
\[
= \left( \frac{108.05}{521.73} \right) \times 100
\]
\[
\approx 20.7\%
\]
The percent change is approximately **20.7%**, indicating a decrease of about 20.7% from the original price.
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