Problem 4

Concept - Order of operations, using the fill handle

Difficulty level - Easy
Create Sheet4, then complete this problem on it.
The percent change in any quantity is given by the following formula:

new value old value

100
old value
Positive values mean you have gained something, while negative values mean you have lost
something. For example, if your bank account had $2000 at the start of the month and now
has $2500, the amount of money has increased by 25%. Conversely, if your bank account
previously had $2500 and now has $2000, the amount of money has decreased by 20%.
Place the following values in columns A and B.
20
30
30
20
15
20
21
18
1
2
9
10
5
2
In column C, calculate the percent difference between the values in columns A and B. Assume
that column A contains the old values and column B contains the new values.
Hint: Type the percent change formula into cell C1 first, then use the fill handle to calculate the
other six values. You should get 50 in C1 because if you increase 20 by 50%, you would have
30.