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Question from Kuuku, a student:

The daily production targets in 2000 was 60,000 units this declined to 48,000 units in 2001 but was projected that further 300units reduction would be experienced in 2002. Calculate the percentage reduction by 2002.

Hi,

The expected reduction from 2001 to 2002 was from 48,000 units to 47,700 units thus the reduction from 2000 to 2002 was expected to be from 60,000 units to 47,700 units. Use the expression in Stephen's response to Galland to calculate the percentage change. Since this number is negative it is a percentage decrease.

Penny

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