Calculate the rate percent for the following values.
original amount 360; new amount 9
To find the rate percent, we need to determine the percent by which the new amount differs from the original amount.
First, we calculate the difference between the new amount and the original amount: 360 - 9 = 351.
Next, we divide the difference by the original amount and multiply by 100 to find the rate percent: (351 / 360) * 100 = 97.5%.
Therefore, the rate percent is approximately 97.5%.
To calculate the rate percent, you can use the following formula:
Rate percent = ((new amount - original amount) / original amount) * 100
Let's plug in the values:
Rate percent = ((9 - 360) / 360) * 100
Simplifying this equation:
Rate percent = (-351 / 360) * 100
Now, performing the division:
Rate percent = -0.975 * 100
Finally, calculating the percentage:
Rate percent = -97.5%
So, the rate percent in this case is -97.5%.
To calculate the rate percent, you need to determine the percentage change between the original amount and the new amount.
The percentage change can be calculated using the formula:
Rate percent = ((New amount - Original amount) / Original amount) * 100
In this case, the original amount is 360 and the new amount is 9. Plugging these values into the formula:
Rate percent = ((9 - 360) / 360) * 100
Simplifying:
Rate percent = (-351 / 360) * 100
Now we can divide:
Rate percent ≈ -97.5%
So, the rate percent for the given values is approximately -97.5%. Note that the negative sign indicates a decrease or a loss.
The ______ is used to record the value of share that are issued in exchange for non cash assets
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