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: - 34.
- Choose a random positive number for the end value: 39.
Formula and calculation:
(v1 - v2) / v1 =
(- 34 - 39) / - 34 =
-73 / - 34 ≈
2.147058823529 ≈
2.15
Although the absolute difference is negative: -73, the relative decrease change is positive: 2.15. 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:
(11,718,481,728 - 3,727,486,587.7)/|11,718,481,728| =
7,990,995,140.3/11,718,481,728 =
7,990,995,140.3 ÷ 11,718,481,728 =
7,990,995,140.3 ÷ 11,718,481,728 × 100/100 =
(7,990,995,140.3 × 100 ÷ 11,718,481,728)/100 =
(799,099,514,030 ÷ 11,718,481,728)/100 ≈
68.191386271537/100 =
68.191386271537% ≈
68.19%
(Rounded off to max. 2 decimal places)
The relative percent decrease change
from the original, initial value 11,718,481,728 to the final, end value 3,727,486,587.7:
Rounded off to max. 12 decimal places ≈ 68.191386271537%
Rounded off to max. 2 decimal places ≈ 68.19%
The absolute (actual) difference
11,718,481,728 - 3,727,486,587.7 = 7,990,995,140.3
By what percentage has 11,718,481,728 decreased?
Answer: By ≈ 68.19%
By what percentage is 3,727,486,587.7 smaller than 11,718,481,728?
Answer: By ≈ 68.19%
The relative percent decrease change is positive,
so we really have a relative percent decrease
(the value goes down).