Just a maths question I'm stuck on. I think its 25%, but that is too obvious.

Thanks!

Posted Fri 7th September, 2012 @ 20:58 by

Emily
I would substitute some numbers in like this...

Let the profit in 2009 be £100,

Therefore the profit in 2010 is 125% of 100 which is £125 and the profit in 2011 is £100 (sam as 2009).

You then work out the percentage decrease from 2010 to 2011 by using the formula...

percentage change = final value - initial value

--------------------------- x 100

initial value

so ((100-125)/125) x 100 = -20% so a 20% decrease.

Hope that helps!

Answered Sat 8th September, 2012 @ 09:33 by

Dilly
Thank you! That really helped :)

Answered Sat 8th September, 2012 @ 12:03 by

Emily