The percent change from the first value to the second is 75 % increase
Solution:
Given that find the percent change from the first value to the second 40 and 70
To find: percent change
Percentage change equals the change in value divided by the absolute value of the original value, multiplied by 100.
[tex]\text { percent change }=\frac{\text { final value - initial value}}{\text { initial value }} \times 100[/tex]
If the result is positive, it is an increase
If the result is negative, it is an decrease
Here initial value = 40 and final value = 70
[tex]\text { percent change }=\frac{70-40}{40} \times 100[/tex]
[tex]\text{ percent change }=\frac{30}{40} \times 100$[/tex]
[tex]\text{ percent change }=\frac{300}{4}=75$[/tex]
Thus the percentage change is 75 % increase