Answer:
the profit reduced rate is -0.4737
Step-by-step explanation:
The calculation of the profit reduced rate is given below:
= (100,000 - 190,000)÷ (190,000)
= -90,000 ÷ 190,000
= -0.4737
hence, the profit reduced rate is -0.4737
We simply determine the difference and then divided it by 190,000
