Question

finding percent change
a group of students held a fundraiser last year and raised $950 for charity. this year, they raised $1,045.
what is the percent change in the amount the group raised?
%

Explanation:

Step1: Find the amount of change

First, we calculate the difference between this year's amount and last year's amount. This year they raised $1045 and last year $950. So the change is $1045 - $950 = $95.

Step2: Use the percent change formula

The formula for percent change is $\frac{\text{Amount of Change}}{\text{Original Amount}} \times 100\%$. The original amount is last year's amount, which is $950. So we substitute the values: $\frac{95}{950} \times 100\%$.

Step3: Simplify the fraction

Simplify $\frac{95}{950}$ to $\frac{1}{10}$ (since 95 ÷ 95 = 1 and 950 ÷ 95 = 10). Then $\frac{1}{10} \times 100\% = 10\%$.

Answer:

10%