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1 July, 17:40

In 1935, there were 15,295 banks in the United States. In 2003 there were 9,182 banks. What is the percent of the change? Is it a percent increase or decrease?

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  1. 1 July, 18:02
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    If it goes from a higher number to a lower number it is a decrease.

    (15,295 - 9182) / 15295 ... x 100

    6113 / 15295 = 0.399 ... x 100 = 39.9% decrease
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