Inactive Tutor answered 04/01/16
Tutor
New to Wyzant
Hi Molly.
The percent change is given by the formula: (new - old)/old, then to make the decimal number a percent, mult by 100.
So yours would be: (230,000 - 120,000) / 120,000
= 110,000/120,000
=0.91666666
As a percent this is 91.67%