Question

Footware manufacturing is projected to decrease output by 8. 4% from 2006 to 2016. If footware manufacturing had 1. 8 billion dollars of output in 2006, approximately how much output is expected in 2016? a. $1. 95 billion b. $2. 64 billion c. $1. 55 billion d. $1. 65 billion.

Answer 1

Percentage is a way to describe a part of a whole. The production of the footwear that will be in 2016 will be 1.65 billion.

What is Percentage?

A percentage is a way to describe a part of a whole. such as the fraction 1/4 can be described as 0.25 which is equal to 25%.

To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.

It is given that the production of footwear in 2006 was 1.8 billion which will be reduced by 8.4%, therefore, the number of footwear that will be produced in 2016 is 91.6%(100%-8.4%) of the production in 2006. Therefore, the production of footwear in 2016 will be

$91.6\%\ of\ 2006\\\\= 0.916 \times 1.8\ billion \\\\= 1.6488\approx 1.65\ billion$

Hence, the production of the footwear that will be in 2016 will be 1.65 billion.

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