it’s a because you need all those figures to make it happen
Let's assign some random values to it, and say 1 unit of petroleum costs 100 bitcoins, because we all know bitcoins are the best currency :P
If the price goes up by 10%, it is now 100*1.1 = 110bitcoins for 1 unit.
However he's only getting 0.9 units now, so multiplying 110 by 0.9 gives us 99 bitcoins. His petroleum bill used to be 100 (which is why I picked 100 as it's easier), and now it is 99. Therefore his petroleum bill has reduced by 1%
Answer:
3/4 and 0.95 would both result in a reduction.
Step-by-step explanation:
multiplying by anything less than 1 will make it smaller which both 3/4 and 0.95 are smaller than 1.
Detailed Answer:
An algebraic equation can be defined as a mathematical statement in which two expressions are set equal to each other.
Example of Algebraic Equations:
Eg. 1) x + 10 = 20
Eg. 2) 5x + 10 = 20
Eg. 3) 2x + 2 = 4
Step-by-step explanation:
Area of parking lot
