we know that
$1.15 million --------> represent the 100% percentage
Find the percentage of $1.03 million
by proportion
100%/1.15=x%/1.03---------> x=1.03*100/1.15
x=89.57%
the percentage decrease is equal to
=100%-89.57%=10.43%--------> Round to the nearest tenth of a percent
=10.4%
therefore
the answer is
the percentage decrease is equal to 10.4%
Answer:
10.4%
Step-by-step explanation:
Sales of video games and consoles fell from $1.15 million to $1.03 million in 1 year.
Sales of video games and consoles of last year = $1.15 million
Sales of video games and consoles of this year = $1.03 million
Let the percent decrease = x%
x% = [tex]\frac{1.15m-1.03m}{1.15m}[/tex]
[tex]\frac{x}{100}[/tex] = [tex]\frac{0.12m}{1.15m}[/tex]
x = 10.4347% ≈ 10.4%
The decrease percent is 10.4%
