Basic percentage question

[Kam_uk]

Hello
Have a basic percentage question that I have a mental block on!!!

In 2022, I made $56
In 2023, I made $35

What is the reduction in my earnings as a percentage and how do I work that out?

 

[stapel]

Have a basic percentage question that I have a mental block on!!!

In 2022, I made $56
In 2023, I made $35

What is the reduction in my earnings as a percentage and how do I work that out?

What method(s) have they given you in class? What are your thoughts? What have you tried? ("Read Before Posting")

Please be complete, including such things as whether or not you are expected to take inflation into account or if, to the contrary, you are supposed to hold dollar values as constant. Thank you!

 

[Kam_uk]

Dollar values as constant, sorry to be clear.

My calculation was (35-56)/56 = 37.5% reduction but wanted to check!

 

[Dr.Peterson]

Hello
Have a basic percentage question that I have a mental block on!!!

In 2022, I made $56
In 2023, I made $35

What is the reduction in my earnings as a percentage and how do I work that out?

If you're just asking for the percentage decrease from 56 to 35, just find the amount of decrease, and express that as a percentage of the starting amount (56).

 

[khansaheb]

Hello
Have a basic percentage question that I have a mental block on!!!

In 2022, I made $56
In 2023, I made $35

What is the reduction in my earnings as a percentage and how do I work that out?

Follow the same method that was suggested (to you) in:

Basic Percentages question

Hello I am having trouble understanding percentages … so for example I have 300 apples. I reduce the number of apples to 75 What percentage have I reduced the number of apples by ? How do I work this out ? I don’t want the answer just the explanation

www.freemathhelp.com

Watch the word "in" stated in this new problem compared to words in the old problem.

 

[Dr.Peterson]

Dollar values as constant, sorry to be clear.

My calculation was (35-56)/56 = 37.5% reduction but wanted to check!

Yes, that's correct.

You get answers much quicker here when you follow the guidelines:

Posting Guidelines (Summary)

Welcome to our tutoring boards! :) This page summarizes main points from our posting guidelines. As our name implies, we provide math help (primarily to students with homework). We do not generally post immediate answers or step-by-step solutions. We don't do your homework. We prefer to help...

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Did you consider this question's wording to be different from your question two years ago?