Question #1bbbe

Question

1123 views around the world

You can reuse this answer
Creative Commons License

Answer 1 · 2017-08-01T14:51:04

$%Loss = 7.6%$

Well.. it goes like this..

Parameters

$"Actual Price" = 7.5 "Billion" -> 7, 500, 000, 000$ #

$Loss = 570 "Million" -> 570, 000, 000$

Since we have to you Loss $570 "Million"$ out of your initial amount which is $7.5 "Billion"$

Hence The Percentage Loss will be gotten by;

$%Loss = "Loss"/"Actual Price" xx 100%$

Imputing the values above...

$%Loss = (570, 000, 000)/(7, 500, 000, 000) xx 100%$

$%Loss = (0.076 xx 100)%$

$%Loss =7.6%$

Answer 2 · 2017-08-04T07:54:04

$7.6%$ loss

Consider an example with smaller numbers first.
If I have $$20$ and I lose $$4$ , what is my percent loss?

$color(red)(% "change " = "fraction" xx 100%)$

The fraction of the money that I lost was $4/20$

$4/20 xx 100% = 20%$

In the question given, the amounts are much larger, but the process is the same.

I have lost $$570,000,000$ out of an amount of $$7,500,000,000$

The fraction is: $(570,000,000)/(7,500,000,000) " " rarr 57/750$

As a percent:

$57/750 xx 100%$

$=7.6%$ loss