# Question 1bbbe

Aug 1, 2017

%Loss = 7.6%

#### Explanation:

Well.. it goes like this..

Parameters

$\text{Actual Price" = 7.5 "Billion} \to 7 , 500 , 000 , 000$

$L o s s = 570 \text{Million} \to 570 , 000 , 000$

Since we have to you Loss $570 \text{Million}$ out of your initial amount which is $7.5 \text{Billion}$

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%

Aug 4, 2017

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 $\frac{4}{20}$

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: $\frac{570 , 000 , 000}{7 , 500 , 000 , 000} \text{ } \rightarrow \frac{57}{750}$

As a percent:

57/750 xx 100%

=7.6% loss