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Answer:
Percentage change = 26.61 %
Step-by-step explanation:
Given
To determin
Percentage change = ?
Using the formula
Percentage change = (Final value - Initial value) / | Initial Vaue | × 100%
= (100 - 78.98) / 78.98 × 100%
= [21.02/78.98] × 100%
= 0.266143 × 100%
= 26.6143 %
Rounding off to 2 decimal places
= 26.61 %
Therefore,
Percentage change = 26.61 %