Question

what is used when rate of growth for decline required ​

Answer 1

Answer:

rate of decline is referred to as percentage decrease.

the formula for this is:

percentage decrease =   value of decrease      × 100

                                             original value

here the value of decrease is                original value - decreased (new) value

eg. the price of a painting was initially ₹ 55000. it depreciated to ₹33000.

find the rate of decline.

here the rate of decline is  

decreased value = 55000 - 33000 = 22000

percentage  decrease = 22000/55000 ×100

                                       = 200/5 = 40%