A component's share in a pie chart was of a total value of . In the next year, its share became of a total value of . What is the percentage change in the absolute value of this component?
B
Step-by-Step Solution
Key idea: calculate absolute values for both years first, then apply the percentage change formula.
Step 1: Old absolute value = of .
Step 2: New absolute value = of .
Step 3: Percentage change = .
Answer: 50%.