You have been watching the price of a $60 football glove in sundays paper, you ee the glove advertised for $36. What is the precent change?
The percent change can be calculated using the formula:
percent change = (new value - old value) / old value x 100%
In this case, the old value is $60 and the new value is $36. Plugging these values into the formula, we get:
percent change = (36 - 60) / 60 x 100%
percent change = -24 / 60 x 100%
percent change = -0.4 x 100%
percent change = -40%
Therefore, the percent change is -40%, indicating a decrease in price by 40%.