Question

The value of sales at a shop decreases from £145000 a year to £129000. Find the percentage decrease in the values of sales.

Answer 1

Percentage of decrease in Sales = 11.04% or 11 %

Explanation:

Decrease Percentage = [(Original Value - New Value) ÷ Original Value] × 100

Percentage = [(145,000 - 129,000) ÷ 145,000] × 100

Percentage = [(16,000) ÷ 145,000] × 100

Percentage = (0.1104) × 100

Percentage of decrease in Sales = 11.04% or 11 %