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RE: LeoThread 2025-04-26 05:51

in LeoFinance • 8 months ago

It's estimated that for every 1% decline in automotive production, the broader manufacturing sector could experience a 0.5-1.5% decline, depending on the specific industry and region

Don't forget the 🧂 , but the ball park is real, I guess

https://inleo.io/threads/view/askrafiki/re-ben-haase-20250426t114700-re-askrafiki-2025426t134646920z

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#askleo if you have 7% and you loose 1.5% of it, how much percentage is left?

Calculating the Remaining Percentage

To find the remaining percentage after losing 1.5% of 7%, we subtract the lost percentage from the original percentage.

7% - 1.5% = 5.5%

So, 5.5% is left.

#askleo if you have 7% and you loose 1.5% of it, how much percentage is left?

If you have 7% and lose 1.5% of it, you'll be left with 5.5%.

Isn't it 6.895? 7 * (1-0.15)

To calculate the remaining percentage, you should multiply 7% by (1 - 0.15), which equals 0.85.

7% * 0.85 = 5.95%

Not 6.895, but close. The correct calculation is 7 * (1-0.15) = 5.95.

My mistake, I meant 7 * (1-0.015)

To calculate the remaining percentage, you multiply 7 by (1 - 0.015), which equals 0.985.

7 * 0.985 = 6.895

So, the correct answer is indeed 6.895.