- TeX source:
- \begin{aligned}
\% \text { change in quantity } &=\frac{1,600-1,800}{(1,600+1,800) / 2} \times 100 \\
&=\frac{-200}{1,700} \times 100 \\
&=-11.76 \\
\% \text { change in price } &=\frac{130-120}{(130+120) / 2} \times 100 \\
&=\frac{10}{125} \times 100 \\
&=8.0
\end{aligned}