Question

What is the highest percentage decrease over the preceding year in the automobile production? (Write your answer till 2^nd decimal place. For e.g 2.03)___

Answer 1

Total Automobile Production is as follows:
Year 2004: 800 + 500 + 475 = 1775
Year 2005: 700 + 550 + 450 = 1700
Year 2006: 1025 + 675 + 475 = 2175
Year 2007: 1200 + 650 + 475 = 2325
Year 2008: 1250 + 600 + 350 = 2200
2005 and 2008 show a decrease in automobile production.
Percentage decrease for 2005 = $\frac{1775-1700}{1775}$ $\times$ 100 = 4.23%
Percentage decrease for 2008 = $\frac{2325-2200}{2325}$ $\times$ 100 = 5.38%