IDNLearn.com offers a reliable platform for finding accurate and timely answers. Our experts provide timely, comprehensive responses to ensure you have the information you need.

Calculate the percent change in grocery expenditures from March to April.

[tex]\[
\begin{tabular}{|l|r|r|}
\hline \multicolumn{1}{|c|}{Expense} & \multicolumn{1}{c|}{March} & \multicolumn{1}{c|}{April} \\
\hline Electricity & \[tex]$120.00 & \$[/tex]100.00 \\
\hline Water & \[tex]$50.00 & \$[/tex]52.00 \\
\hline Groceries & \[tex]$110.00 & \$[/tex]125.00 \\
\hline Restaurant & \[tex]$100.00 & \$[/tex]85.00 \\
\hline
\end{tabular}
\][/tex]

[tex]\[
\% \text{ change} = \left( \frac{\[tex]$125.00 - \$[/tex]110.00}{\$110.00} \right) \times 100 \%
\][/tex]


Sagot :

To calculate the percent change in grocery expenditures from March to April, follow these steps:

1. Identify the grocery expenditures for each month:
- March: \$110.00
- April: \$125.00

2. Calculate the difference in expenditures:
[tex]\[ \text{Difference} = \text{April} - \text{March} = 125.00 - 110.00 = 15.00 \][/tex]

3. Determine the percent change:
The percent change is calculated by dividing the difference by the original amount (March's expenditure) and then multiplying by 100 to get a percentage.
[tex]\[ \text{Percent Change} = \left(\frac{\text{Difference}}{\text{March}}\right) \times 100 \][/tex]
Plugging in the values:
[tex]\[ \text{Percent Change} = \left(\frac{15.00}{110.00}\right) \times 100 \][/tex]

4. Compute the result:
[tex]\[ \text{Percent Change} = 0.13636363636363635 \times 100 \approx 13.64\% \][/tex]

Therefore, the percent change in grocery expenditures from March to April is approximately 13.64%.
We are delighted to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. IDNLearn.com is your source for precise answers. Thank you for visiting, and we look forward to helping you again soon.