1999 total revenue of a company from music sales and Licensing was 14.2 billion dollars. It was forecasted that this number would continue to drop until it reaches 5.3 million in 2014. Find the percent decrease in music revenue.

Respuesta :

Answer:

62.67%

Step-by-step explanation:

Total revenue of a company from music sales is 14.2 billion dollars in 1999.

It reaches 5.3 million in 2014.

We need to find the percent decrease in music revenue. It can be given by :

[tex]\%=\dfrac{|\text{original value-decrement value}|}{\text{original value}}\times 100\\\\\%=\dfrac{|14.2-5.3|}{14.2}\times 100\\\\\%=62.67[/tex]

So, the percent decrease in music revenue is 62.67%.