Question
An electronics company produces a mobile device for $558. The device is sold for $1499. Complete the proportion to determine the percent of change.(2 points) Drop target 1 Drop target 2 Question 2 What is the percent of change in this situation?(1 point) % Round the answer to the nearest whole percent.
Answers
GPT-4o mini
To determine the percent of change, we can use the formula for percent change, which is given by:
\[
\text{Percent Change} = \frac{\text{New Value} - \text{Old Value}}{\text{Old Value}} \times 100
\]
In this case, the old value is the cost of producing the device ($558) and the new value is the selling price ($1499).
1. **Calculate the change**:
\[
\text{Change} = 1499 - 558 = 941
\]
2. **Calculate the percent change**:
\[
\text{Percent Change} = \frac{941}{558} \times 100
\]
\[
\text{Percent Change} \approx 1.684 \times 100 \approx 168.42\%
\]
3. **Rounding to the nearest whole percent**:
The percent of change is approximately **168%**.
### Answers:
1. Drop target 1: **941**
2. Drop target 2: **168%** (Rounded to the nearest whole percent)
\[
\text{Percent Change} = \frac{\text{New Value} - \text{Old Value}}{\text{Old Value}} \times 100
\]
In this case, the old value is the cost of producing the device ($558) and the new value is the selling price ($1499).
1. **Calculate the change**:
\[
\text{Change} = 1499 - 558 = 941
\]
2. **Calculate the percent change**:
\[
\text{Percent Change} = \frac{941}{558} \times 100
\]
\[
\text{Percent Change} \approx 1.684 \times 100 \approx 168.42\%
\]
3. **Rounding to the nearest whole percent**:
The percent of change is approximately **168%**.
### Answers:
1. Drop target 1: **941**
2. Drop target 2: **168%** (Rounded to the nearest whole percent)
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