Question

Question #1bbbe

Answer 1

`%Loss = 7.6%`

Explanation:

Well.. it goes like this..

Parameters

`"Actual Price" = 7.5 "Billion" -> 7, 500, 000, 000`#

`Loss = 570 "Million" -> 570, 000, 000`

Since we have to you Loss `570 "Million"` out of your initial amount which is `7.5 "Billion"`

Hence The Percentage Loss will be gotten by;

`%Loss = "Loss"/"Actual Price" xx 100%`

Imputing the values above...

`%Loss = (570, 000, 000)/(7, 500, 000, 000) xx 100%`

`%Loss = (0.076 xx 100)%`

`%Loss =7.6%`

Answer 2

`7.6%` loss

Explanation:

Consider an example with smaller numbers first.
If I have `$20` and I lose `$4`, what is my percent loss?

`color(red)(% "change " = "fraction" xx 100%)`

The fraction of the money that I lost was `4/20`

`4/20 xx 100% = 20%`

In the question given, the amounts are much larger, but the process is the same.

I have lost `$570,000,000` out of an amount of `$7,500,000,000`

The fraction is: `(570,000,000)/(7,500,000,000) " " rarr 57/750`

As a percent:

`57/750 xx 100%`

`=7.6%` loss