Question

Sales of video games and consoles fell from $1.15 million to $1.03 million in 1 year. Find the percent decrease. Round the answer to the nearest tenth of a percent.

Answer 1

Explanation:

To find the percent decrease in sales, we need to calculate the amount of decrease and divide it by the original amount, then multiply by 100 to express the answer as a percentage.

Amount of decrease = $1.15 million - $1.03 million = $0.12 million

Percent decrease = (Amount of decrease / Original amount) x 100%

= ($0.12 million / $1.15 million) x 100%

= 10.43%

Rounding to the nearest tenth of a percent, the percent decrease is 10.4%.