/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Q. 2.45 Find the percent change. (Round ... [FREE SOLUTION] | 魅影直播

魅影直播

Log out

Learning Materials

Features

Discover

Chapter 2: Q. 2.45 (page 123)

Find the percent change. (Round to the nearest tenth of a percent.) In 2011, the IRS increased the deductible mileage cost to 55.5 cents from 51 cents.

Short Answer

Expert verified

8.8% will be the percentage change.

Step by step solution

01

Step 1. Assume the percentage,

Let the percentage change =p%

02

Step 2. Form the equation for the statement given in the question,

Statement given in the question, "IRS increased the deductible mileage cost to 55.5cents from 51cents".

Change in mileage cost = 55.5-51=4.5cents

Equation for the statement will be,

p%of 51=4.5

p100脳51=4.5

0.51p=4.5

03

Step 3. Divide the equation by 0.51,

0.51p0.51=4.50.51

p=8.824%

p鈮�8.8%

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with 魅影直播!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

The measure of one angle of a right triangle is 30 more than the measure of the smallest angle. Find the measures

of all three angles.

In the following exercise, translate to an equation or inequality and solve.

Four less than twice xis 16.

Solve the linear equation4p-4-p+7=5p-3.

Carmen wants to tile the floor of his house. He will need 1000square feet of tile. He will do most of the floor with a tile that costs role="math" localid="1645200172118" \(1.50per square foot, but also wants to use an accent tile that costs \)9.00per square foot. How many square feet of each tile should he plan to use if he wants the overall cost to be $3per square foot?

Julie went to the post office and bought both \(0.41 stamps and \)0.26 postcards. She spent $51.40. The number of stamps was 20 more than twice the number of postcards. How many of each did she buy?
See all solutions

Recommended explanations on Math Textbooks

Decision Maths

Read Explanation

Statistics

Read Explanation

Probability and Statistics

Read Explanation

Mechanics Maths

Read Explanation

Logic and Functions

Read Explanation

Calculus

Read Explanation
View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.