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.

Answer 1

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)