Market Growth Percentage
1. The problem is to convert market growth into a percentage.
2. Market growth is often given as a decimal or fraction representing the increase relative to the original value.
3. To convert a decimal growth rate to a percentage, multiply the decimal by 100.
4. For example, if the market growth is 0.05, then the percentage growth is calculated as:
$$0.05 \times 100 = 5\%$$
5. This means the market grew by 5 percent.
6. If you have a different decimal value for growth, just multiply it by 100 to get the percentage.
7. Remember, a percentage is just a way to express a fraction out of 100.