Question

Question Help 아 In 1999, total revenue of a company from music sales and licensing was $14.3 billion. It was forecasted that this number would continue to drop until it reached $5.2 billion in 2014. Find this percent decrease in music revenue. The percent decrease in music revenue is

Answer 1

To find the percent decrease in music revenue, use the following equation:

`P=(a-b)/(a)\cdot100`

Where a is the initial value and b is the final value:

`P=(14.3-5.2)/(14.3)\cdot100=63.6`

The percent decrease in music revenue is 63.6%.