Convert Fraction to Percent


Answer


Solution:

To find the percentage change from 5000 to 1500, we need to first calculate the difference between the two numbers.

Step 1: Difference = Final Value - Initial Value

Difference = 1500 - 5000

Difference = -3500

Step 2: Next, we need to find the absolute value of the difference. This is because percentage change is always calculated as a positive value.

Absolute Difference = |Difference|

Absolute Difference = |-3500|

Absolute Difference = 3500

Step 3: Now, we can calculate the percentage change using the formula:

Percentage Change = (Absolute Difference / Initial Value) x 100

Percentage Change = (3500 / 5000) x 100

Percentage Change = 70%

Therefore, the percentage change from 5000 to 1500 is -70%. This means that there was a decrease of 70% from 5000 to 1500.