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LenaWriter [7]
3 years ago
5

In​ 1999, total revenue of a company from music sales and licensing was ​$14.8 billion. It was forecasted that this number would

continue to drop until it reached ​$5.5 billion in 2014. Find this percent decrease in music revenue.
Mathematics
1 answer:
alukav5142 [94]3 years ago
3 0

Answer:

62. 84%

Step-by-step explanation:

total revenue of a company from music sales and licensing in 1999 = $14.8 billion

Foretasted  total revenue of a company from music sales and licensing in 2014  = $5.5 billion

decrease in revenue of a company from music sales and licensing in 2014  from 1999 =  $14.8 billion - $5.5 billion = 9.3 billion

Therefore percentage decrease in music revenue =( difference in revenue from 1999 to 2014/   revenue in 1999 ) * 100

 (9.3 \ billion/14.8 \ billion) * 100\\=> 0.6284 *100 \\=> 62.84 %\\

percent decrease in music revenue is 62. 84%.

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