There were 14,715 new products introduced last year. If 83% of the products introduced last year failed to reach their business objectives, find the number of products that were successful.

2501.55 products

Step-by-step explanation:

Number of new products introduced last year = 14,715

83% failed to meet business objective.

That's 83%/100% x 14715

0.83 x 14715

12213.45

That means 12213.45 did not meet business objectives.

Therefore,

Number of products that were successful = 14715 - 12213.45

= 2501.55

The number of successful products are 2501.55

12213.45