Question

The number of projects handled by company B decreased by what percent from 2004 to 2006?

• A. $35\frac{5}{8}\%$
• B. $30\frac{7}{8}\%$
• C. $50\frac{3}{8}\%$
• D. $45\frac{3}{8}\%$
• E. $40\frac{5}{8}\%$

Answer 1

The correct option is E $40\frac{5}{8}\%$

Number of projects handled by company B in 2004 = 320
Number of projects handled by company B in 2006 = 190
$\therefore$ Required decrease percentage
$=\frac{360-190}{320}\times 100$
$=40.625\%=40\frac{5}{8}\%$