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In the following year, the value of imports to Greece decreased by 25%. If the value of Italian imports decreased by $750 million, what percentage of the following year's i…
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In the following year, the value of imports to Greece decreased by 25%. If the value of Italian imports decreased by $750 million, what percentage of the following year's i…
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Jan 4, 2019
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in the following year, the value of imports to Greece decreased by 25%. If the value of Italian imports decreased by $750 million, what percentage of the following year's imports were from Italy?
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Assuming the decrease is uniformly distributed over all countries, then the following year's import from Italy is also 25%.
Next year's import
=750(1-25%)
=750(0.75)
=562.5 million (units).
Mohan Ramanathan
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Jan 8, 2019
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