What is the percentage change from -63 and -66?

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Answer 1 · 2017-06-15T19:54:19

See a solution process below:

The formula for calculating the percent change in a value between two points in time is:

$p = (N - O)/O * 100$

Where:

$p$ is the percent change: what we are solving for in this problem.

$N$ is the New Value: -66 in this problem.

$O$ is the Old Value: -63 million in this problem.

Substituting and solving for $p$ gives:

$p = (-66 - -63)/-63 * 100$

$p = (-66 + 63)/-63 * 100$

$p = (-3)/-63 * 100$

$p = 300/63$

$p = 4.8$ rounded to the nearest tenth.

There was a 4.8% change.