2 items are filed under this topic.
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Percentage increase |
2012-08-01 |
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From Jay: When calculating percentage growth, why is (y-x)/x the same as
(y/x)-1 ??? (I seem to be stuck on the simple algebra here)...
e.g. 2011, toy was £5, 2012, toy is £10. What is the percentage
increase? So, (10-5)/5 = 1 (i.e. 100% increase), AND, (10/5)-1 = 1
(i.e. also 100% increase).
Thanks in advance. Answered by Penny Nom. |
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Annual percent growth |
2008-12-13 |
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From Joe: If Wall-Mart had sales of $58,200,000,000 in the year 2002 and $90,800,000,000 in the year 2006.
1. Find what percent that increase is of the 2002 sales? I came up with (9.08*10^10 - 5.82*10^10) / 5.82*10^10 * 100 = 56.01% increase. Is this correct?
2. What was the percent GROWTH in Wal-Mart's sales from 2002-2006? I am having trouble figuring out how to do the Growth problem. I would appreciate any help. Answered by Harley Weston. |
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