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.

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07-12-2021
Mathematics

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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.

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Joaobezerraidn Joaobezerraidn · Answer 1 · 2021-12-16T06:44:51-05:00

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.

To learn more about proportions, you can take a look at https://brainly.com/question/24372153

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