Question

In the following​ statement, express the first number as a percentage of the second number. the revenue for company a was ​$ ​million, compared to ​$ million for company b.

Answer 1

To express the revenue of Company A as a percentage of Company B's revenue, divide Company A's revenue by Company B's revenue and multiply by 100. If Company A's revenue was $1.03 trillion and Company B's was $1.00 trillion, Company A's revenue would be 103% of Company B's. For growth percentage, subtract Company B's revenue from Company A's, divide by Company B's, then multiply by 100 to get 3% growth.

Step-by-step explanation:

To express the first number as a percentage of the second number, you simply divide the first number by the second number and then multiply by 100. For instance, in the context provided, if Company A's revenue was $1.03 trillion and Company B's revenue was $1.00 trillion, the calculation would be:

($1.03 trillion / $1.00 trillion) × 100 = 103%

This means that Company A's revenue is 103% of Company B's revenue. If, however, you're interested in the growth percentage instead, you would subtract the revenue of Company B from Company A's revenue before dividing by Company B's revenue. This would be:

(($1.03 trillion - $1.00 trillion) / $1.00 trillion) × 100 = 3% growth

For a rough approximation of growth, use the first method. For more accuracy, use the second method, especially when dealing with large numbers where slight differences can be significant.