Question

What is the growth factor when something is decreasing by:

30%?
200%?
8%?
0.12%?

Answer 1

Answer: When something is decreasing by 30%, the growth factor is 0.7 (1 - 0.3).

When something is increasing by 200%, the growth factor is 3 (1 + 2).

When something is decreasing by 8%, the growth factor is 0.92 (1 - 0.08).

When something is decreasing by 0.12%, the growth factor is 0.99988 (1 - 0.0012).