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A small business earns a profit of $6500 in January and $17,500 in May. What is the rate of change in profit for this time period? Explain.

Answer :

ANTHOUGOGO ANTHOUGOGO

The rate of change in profit for this period is 169.23%.

What is the rate of change?

The rate of change shows the ratio or proportionality by which a value changes in relation to another.

We can determine the rate of change by dividing the difference in value by the former value and multiplying the quotient by 100.

Profit earned in January = $6,500

Profit earned in May = $17,500

Change in profit = $11,000 ($17,500 - $6,500)

Rate of change = 169.23% ($11,000/$6,500 x 100)

Learn more about the rate of change at https://brainly.com/question/25184007

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