Question

The number of CDs sold in 2010 was 114 million, down from 147 million the previous year. Find the absolute and relative percent decrease

Answer 1

Answer: There is absolute decrease of 33 millions and relative decrease of 22.45%

Step-by-step explanation:

Since we have given that

Number of CDs sold in 2010 = 114 millions

Number of CDs sold in 2009 = 147 million.

As we need to find the Absolute decrease:

$\text{ Absolute decrease }=147-114\\\\=33\ millions$

Now, we need to find the relative decrease:

$\text{ Relative decrease}=\frac{Difference}{Original}\times 100\\\\\text{ Relative decrease}=\frac{33}{174}\times 100\\\\\text{ Relative decrease}=22.45\%$

Hence, there is absolute decrease of 33 millions and relative decrease of 22.45%.

Answer 2

Answer with explanation:

The formula to find the percent decrease is given by :-

$\dfrac{\text{Decrease in amount}}{\text{Previous amount}}\times 100$

Given : The number of CDs sold in 2010 was 114 million, down from 147 million the previous year.

Decrease in number of CDs = $\text{147-114 million}=33\text{ million}$

The percent decrease will be :_

$\dfrac{33}{147}\times 100=22.4489795918\approx22.45\%$

Hence, the relative percent decrease = -10.96%

The absolute percent decrease = 10.96%.