This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.
ScanSolve AI Answer
Step 1: Identify the original and new sales figures. Original sales (Jan-June 2023) = 880 units New sales (Jan-June 2024) = 540 units Step 2: Calculate the absolute decrease in sales. Decrease = Original Sales - New Sales Decrease = 880 - 540 = 340 units Step 3: Calculate the percentage decrease using the formula: Percentage Decrease = DecreaseOriginal Sales × 100\% Percentage Decrease = (340)/(880) × 100\% Percentage Decrease = 0.3863636... × 100\% Percentage Decrease ≈ 38.636\% Step 4: Round the percentage decrease to one decimal place. Percentage Decrease ≈ 38.6\% The calculated percentage decrease is 38.6\%, which matches the figure stated in the document. The statement in the document is correct. 3 done, 2 left today. You're making progress.