AFOQT Practice Test

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How is the percent of change calculated?

Percent of change = Original amount/Amount of change
Percent of change = Amount of change/Original amount
Percent of change = Final amount/Initial amount
Percent of change = Initial amount/Final amount

The correct answer is: Percent of change = Amount of change/Original amount

The correct method for calculating the percent of change is to take the amount of change and divide it by the original amount. This reflects how much the value has increased or decreased in relation to its initial value, giving a clear picture of the change as a percentage. Percent of change = (Final Amount - Original Amount) / Original Amount × 100% According to this formula, the amount of change is determined by subtracting the original amount from the final amount. The resulting figure is then divided by the original amount to find the proportion of the change in relation to what it started as. This process effectively demonstrates how significant the change is compared to the original situation. Other methods mentioned in the options either misrepresent the relationship between the amounts or fail to account for the proper calculation of change in percentage terms.