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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

01

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.

02

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:

=ChangeinthesalesinoneyearTotalsalesoneyearago脳100%=-120million1,150million脳100%=-0.104347...脳100%=-10.4347....%=-10.4%(Roundingofftotenthplace).

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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