Understanding Percent Change

The video tutorial explains how to calculate the percent change in salary from $3,200 to $3,400. It introduces the percent change formula, gathers necessary information, and demonstrates the calculation step-by-step. The result is evaluated to show a 6.25% increase, with an explanation of how to interpret positive and negative changes.

What is the initial monthly salary mentioned in the problem?

• $3,200

• $3,000

• $3,600

• $3,400

What is the formula used to calculate the percent change?

• (Beginning Amount - Ending Amount) / Beginning Amount x 100%

• (Ending Amount - Beginning Amount) / Beginning Amount x 100%

• (Ending Amount + Beginning Amount) / Beginning Amount x 100%

• (Ending Amount - Beginning Amount) / Ending Amount x 100%

What is the difference between the ending and beginning amounts in the salary example?

• $150

• $250

• $200

• $100

What is the denominator in the percent change formula?

• Ending Amount

• Beginning Amount

• Difference between amounts

• Sum of amounts

What is the calculated percent change in the salary example?

• 8.25%

• 5.25%

• 6.25%

• 7.25%

What does a positive percent change indicate in this context?

• A constant salary

• An increase in salary

• No change in salary

• A decrease in salary

If the percent change was negative, what would it represent?

• An increase in salary

• A decrease in salary

• No change in salary

• A constant salary