Problem: marketing executives for a certain chewing gum company projected a 20 percent increase in revenue this year over that of last year , but revenue this year actually decreased by 35 % . what percent of the projected revenue was the actual revenue ?
Rationale: "last year revenue = 100 ( assume ) ; this year revenue = 65 ; projected revenue = 120 . actual / projected * 100 = 65 / 120 * 100 = 54.2 % . answer : a ."
annotated_formula: multiply(divide(subtract(const_100, 35), add(20, const_100)), const_100)