The sales of a company rose to Rs. 120,000 in the month of January to Rs. 130,000 in the month of February while the seasonal indices for these two months were : 120 and 150 respectively. Was such an increment in sales satisfactory ? If not, what should have been the sale in the month of February to keep pace with the seasonal index.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
icon
Related questions
Question
The sales of a company rose to Rs. 120,000 in the month of January to Rs.
130,000 in the month of February while the seasonal indices for these two months
were : 120 and 150 respectively. Was such an increment in sales satisfactory ?
If not, what should have been the sale in the month of February to keep pace
with the seasonal index.
Transcribed Image Text:The sales of a company rose to Rs. 120,000 in the month of January to Rs. 130,000 in the month of February while the seasonal indices for these two months were : 120 and 150 respectively. Was such an increment in sales satisfactory ? If not, what should have been the sale in the month of February to keep pace with the seasonal index.
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill