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If total advertising expenditures on television advertising declined 4.1% to $141.7 billion in the current year, how much was spent on television advertising in the previous year? Round your answer to one decimal.

Sagot :

Using proportions, it is found that $147.8 billion was spent on television advertising in the previous year.

  • $x, in billions, was spent on advertising expenditures on television last year.
  • This year, the amount declined 4.1%, hence it is 100% - 4.1% = 95.9% of last year's amount, that is, 0.959x.

This year spending's is of 141.7 billion, hence, the equation is:

[tex]0.959x = 141.7[/tex]

[tex]x = \frac{141.7}{0.959}[/tex]

[tex]x = 147.8[/tex]

$147.8 billion was spent on television advertising in the previous year.

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