A Ny based specialty chain had sales of 196000000 last year
A Ny based specialty chain had sales of $196,000,000 last year. It plans $216,000,000 for the coming year. What percentage increase or decrease is being projected?
Solution
Decrease is 216000000 - 196000000 = 20000000
As fraction to planned , it is :
20000000/216000000 = 20/216
To find percent,
it is
20 * 100/216
= 9.259 % decrease
