11) the laptop was marked down from $895 to $720. find the percent of change (rounded to the nearest…

Explanation:

Step1: Calculate the amount of change

$895 - 720= 175$

Step2: Use the percent - change formula

The percent - change formula is $\text{Percent Change}=\frac{\text{Amount of Change}}{\text{Original Amount}}\times100%$. Here, the original amount is $895$ and the amount of change is $175$. So, $\text{Percent Change}=\frac{175}{895}\times 100%$. $\frac{175}{895}\times100%=\frac{17500}{895}% \approx 19.55%$

Step3: Determine if it's an increase or decrease

Since the new price ($720$) is less than the original price ($895$), it is a decrease.

Answer:

The percent of change is approximately $19.55%$ and it is a decrease.