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In a recent year, certain colleges and universities received about $268 million in aid. Ten years later, they received about $94 million. Find the percent of change. State whether the change is an increase or a decrease.

a.35% decrease
b. 35% increase
c. 65% increase
d. 65% decrease

Respuesta :

ellybubble
d) 65% decrease. 

I worked it out by: 268 mill - 94 mill (calculating the difference in money) 
then divided that by the original 268 mill, to finally get 0.64925.... 

And since the money is decreasing, it is a 65% decrease. 

Hope this helps, and I think it should be right - but maybe double check in case :) 

Answer:

d. 65% decrease

Step-by-step explanation:

In the current situation, the colleges and universities received about $268 million in aid.

Ten years later, they received about $94 million.

Decrease in amount is = [tex](268-94)[/tex] million dollars

= 174 million dollars

The percentage of change with respect to current value is :

[tex]\frac{174}{268}\times100=64.93[/tex]% ≈65%

And since the amount of aid received is decreasing, so this percentage is a decreased value.

The answer is option D.

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