Question

Decrease £16870 by 3%
Give your answer rounded to 2 DP.

Answer 1

We have that the Decrease of £16870 by 3% is mathematically given as

P=168193.9=>168193.90 2dp

Arithmetic

Question Parameters:

Decrease £16870 by 3% Give your answer rounded to 2 DP.

Generally the equation for the 3% of 16870 is mathematically given as

X=0.03*16870

X=506.1

Therefore Decrease £16870 by 3% we have

16870 - 506.1

P=168193.9

Answer 2

= £16363.9

Explanation:

- Decrease is a reduction and can be done only by subtraction in two ways;

• Decreasing the percentage first;

`= (100 - 3)\% \\ = 97\%`

- Then multiply the result to the value being decreased;

`= (97)/(100) * 16870 \\ \\ = 16363.9 \: \: euros`

• Decreasing from first principle;

`= (3)/(100) * 16870 \\ \\ = 506.1`

- Then reduce the original by the result:

`= 16870 - 506.1 \\ = 16363.9 \: euros`