Question

You currently have 157 suppliers for your designs. It is predicted that tariffs will force 33% of suppliers to close per year for the next 2 years. With this trend, what will the number of suppliers shrink to in two years?

Answer 1

103.67

Explanation:

33% of 157 per year=33/100×157=51.81

this means for one year= 51.81

for two years51.81×2=103.62

in two yrs=157-103.62=53.38

the suppliers will shrink to53.38