Jasmine had $120,000 last year. This year she has $50,000

What is the percentage difference?

The percentage difference if Jasmine had $120,000 last year and this year she has $50,000 is 41.6%.

As it is clear from the term per cent means measuring anything per hundred. For example, you get marks per 100 marks, so you get the percentage.

Given:

The last year value = $120000,

The new value of this year = $50000,

Calculate the percentage by the following formula,

Percentage difference = The new value of this year / The last year's value ×100

Substitute value

Percentage difference = 50000 / 120000 × 100

Percentage difference = 41.6%

Therefore, the percentage difference if Jasmine had $120,000 last year and this year she has $50,000 is 41.6%.

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