What is the final amount if 784 is decreased by 1% followed by a 4% increase?
1 answer:
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Compound percentage reduction can be calculated by multiplying the initial number by (1-x)^t where x is the percentage reduction (/100, i.e. 1% reduction is 0.01), and t is the number of times it has reduced.
So:
a)
Where t is the number of weeks.
We can then just substitute in to work out the final pressure:
b) p = 45*0.94^6 = 31psi
So:
a)
Where t is the number of weeks.
We can then just substitute in to work out the final pressure:
b) p = 45*0.94^6 = 31psi