Why do we use |v1| in the formula instead of v1?
- Let's see what happens if we use v1 instead of |v1|:
- Choose a random negative number as the initial value: - 41.
- Choose a random positive number for the end value: 10.
Formula and calculation:
(v1 - v2) / v1 =
(- 41 - 10) / - 41 =
-51 / - 41 ≈
1.243902439024 ≈
1.24
Although the absolute difference is negative: -51, the relative decrease change is positive: 1.24. By using |v1| instead of v1, the error is corrected.
The relative percent decrease change. Detailed calculations below
By multiplying a number by the fraction 100/100,
we change only the form of the result, not the result.
- 100/100 = 100% = 100 ÷ 100 = 1.
- n × 100/100 = (n × 100)/100 = (n × 100)%, any number.
The relative percent decrease change. Formula:
The relative percent decrease change =
The relative decrease change × 100/100 =
(The relative decrease change × 100)/100 =
(The relative decrease change × 100)%
Calculate the relative percent decrease change:
(1,029,500,102 - 1,010.4)/|1,029,500,102| =
1,029,499,091.6/1,029,500,102 =
1,029,499,091.6 ÷ 1,029,500,102 =
1,029,499,091.6 ÷ 1,029,500,102 × 100/100 =
(1,029,499,091.6 × 100 ÷ 1,029,500,102)/100 =
(102,949,909,160 ÷ 1,029,500,102)/100 ≈
99.999901855279/100 =
99.999901855279% ≈
100%
(Rounded off to max. 2 decimal places)
The relative percent decrease change
from the original, initial value 1,029,500,102 to the final, end value 1,010.4:
Rounded off to max. 12 decimal places ≈ 99.999901855279%
Rounded off to max. 2 decimal places ≈ 100%
The absolute (actual) difference
1,029,500,102 - 1,010.4 = 1,029,499,091.6
By what percentage has 1,029,500,102 decreased?
Answer: By ≈ 100%
By what percentage is 1,010.4 smaller than 1,029,500,102?
Answer: By ≈ 100%
The relative percent decrease change is positive,
so we really have a relative percent decrease
(the value goes down).