Year-on-year 39353

The company's turnover for the period 2011-2013 increased by 3.7%. From 2013 to 2019, an average year-on-year decrease in turnover of 5% was recorded. What is the total relative change in turnover from 2013 to 2019?

Correct answer:

p =  -1.485 %

Step-by-step explanation:

p1=100%+3.7%=1+1003.7=1.037 p2=15/100=2019=0.95  p3=p1 p2=1.037 0.950.9852  p=100 (p31)=100 (0.98521)=1.485%

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