Rate of decrease is calculated by subtracting the previous value with the current value and then divide it with the previous value. The formula to calculate the rate of decrease is as follows:
% change = (x2 - x1)/x1
Where, x2 = current value, x1 = previous value
Suppose, sales of a company were 1000 units last year and this year the company has 900 units sales, therefore, the rate of decrease in the sales is as follows:
% change = (900 - 1000)/1000
% change = 0.1 = 10% decrease in sales
% change = (x2 - x1)/x1
Where, x2 = current value, x1 = previous value
Suppose, sales of a company were 1000 units last year and this year the company has 900 units sales, therefore, the rate of decrease in the sales is as follows:
% change = (900 - 1000)/1000
% change = 0.1 = 10% decrease in sales
