Question #297178
The net revenue of a company rose 3.6 %, while inflation rate was 3.0 %. Calculate the relative real change in revenue as percentage.
Expert's answer
Final value-initial value/initial value
=3.6-3.0=0.6
0.6/3.0=2×100=200%
The net revenue of a company rose 3.6 %, while inflation rate was 3.0 %. Calculate the relative real change in revenue as percentage.
Final value-initial value/initial value
=3.6-3.0=0.6
0.6/3.0=2×100=200%
