Chapter 3: Q. 120 (page 334)

Sales of video games and consoles fell from $1,150 million to $1,030 million in 1 year. Find the percent decrease. (Round to the nearest tenth of a percent.)

Short Answer

Expert verified

The percent decrease in the sales will be 10.4% in a year.

Step by step solution

Step. 1 Given Information

The sales of video games and consoles was $1,150 million one year ago.

And now the sales of video games and consoles is $1,030 million only.

Step. 2 Percentage calculation

The change in the sales in the past one year is: $1,150 - $1,030 = $120 million

Now, the percent change in the sales will be calculated as follows:

$= \frac{C h a n g e i n t h e s a l e s i n o n e y e a r}{T o t a l s a l e s o n e y e a r a g o} \times 100 % = \frac{- 120 m i l l i o n}{1, 150 m i l l i o n} \times 100 % = - 0.104347 . . . \times 100 % = - 10.4347 . . . . % = - 10.4 % (R o u n d i n g o f f t o t e n t h p l a c e) .$

This negative sign shows that the change is negative and it is percent decrease.

Therefore, 10.4% will be the percent decrease.

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Sales of video games and consoles fell from \(1,150 million to \)1,030 million in 1 year. Find the percent decrease. (Round to the nearest tenth of a percent.)

Short Answer

Step by step solution

Step. 1 Given Information

Step. 2 Percentage calculation

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