Answer with explanation:
Percentage change = Â [tex]\dfrac{Change}{Previous\ value}\times100[/tex]
a) 3 months to 5 months
Change = 5 - 3 Â ( increase )
Percentage change = [tex]\dfrac{2}{3}\times100\%=66.67\%[/tex] , it is an increase .
b) 5 to 10
Change = 10-5 = 5 Â ( increase)
Percentage change = [tex]\dfrac{5}{5}\times100\%= 100\%[/tex], it is an increase .
c) $0.32 to $.37
Change = 0.37-0.32 = 0.05 ( increase)
Percentage change = [tex]\dfrac{0.05}{0.37}\times100\%=13.51\%[/tex], it is an increase .