In 1967, a 30-second Super Bowl commercial cost $40,000. In 2000, a 30-second commercial cost $1,800,000. What was the percent of change in the cost of a commercial?
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Answer:
The percent of change in the cost of a commercial is 4400%
Step-by-step explanation:
In 1967, a 30-second Super Bowl commercial cost $40,000 i.e the initial cost was $40000
In 2000, a 30-second commercial cost $1,800,000 i.e the final cost was $1800000
We know that,
Therefore, the percent of change in the cost of a commercial is 4400%
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