What is the percentage increase in value of a cryptocurrency if it goes from 17/20 to 1?
Michat MurahDec 25, 2021 · 3 years ago3 answers
Suppose a cryptocurrency goes from a value of 17/20 to 1. What would be the percentage increase in its value?
3 answers
- Dec 25, 2021 · 3 years agoTo calculate the percentage increase in value of a cryptocurrency, you can use the following formula: ((New Value - Old Value) / Old Value) * 100. In this case, the old value is 17/20 and the new value is 1. Plugging these values into the formula, we get ((1 - 17/20) / 17/20) * 100 = 0.15 * 100 = 15%. Therefore, the percentage increase in value of the cryptocurrency would be 15%.
- Dec 25, 2021 · 3 years agoIf a cryptocurrency's value goes from 17/20 to 1, the percentage increase in its value would be 15%. This can be calculated by subtracting the old value from the new value, dividing the result by the old value, and then multiplying by 100. In this case, the calculation would be ((1 - 17/20) / 17/20) * 100 = 0.15 * 100 = 15%.
- Dec 25, 2021 · 3 years agoCalculating the percentage increase in value of a cryptocurrency is quite simple. In this case, the cryptocurrency's value went from 17/20 to 1, which represents a 15% increase. To calculate this, you subtract the old value (17/20) from the new value (1), divide the result by the old value, and multiply by 100. The formula looks like this: ((1 - 17/20) / 17/20) * 100 = 0.15 * 100 = 15%.
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