Question

What single decimal multiplier would you use to decrease by 2% followed by a 7% decrease?

Answer 1

9514 1404 393

Answer:

0.9114

Explanation:

That multiplier would be ...

(1 -2%)×(1 -7%)

= (1 -0.02)(1 -0.07)

= 0.98×0.93 = 0.9114