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Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

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BuyFindarrow_forward

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

Solve the following increase or decrease problems for the unknown. Round decimals to hundredths and percents to the nearest tenth.

What is the rate of change if the number of employees in a company decreases from 133 to 89?

To determine

To calculate: The rate of change if the number of employees in a company decreases from 133 to 89.

Explanation

Given Information:

The number of employees in a company decreases from 133 to 89.

Formula used:

Follow the steps mentioned below to determine the rate of increase or decrease:

Step1: Find the original and the new values and then calculate the difference between them.

Step2: Use the rate formula R=PB and then substitute the difference value calculated in the Step1 for portion and the original value as the base.

Step3: Calculate the value of rate, the value of rate will be in decimal form. So, convert it into percent form.

Calculation:

Consider the original value 133 and new value 89

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