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Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

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BuyFindarrow_forward

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

Solve the following word problems for the unknown. Round decimals to hundredths and percents to the nearest tenth when necessary.

Last year the Tundra Corporation had sales of $343,500. If this year’s sales are forecast to be $415,700, what is the percent increase in sales?

To determine

To calculate: The percent increase in sales, if the sales of Tundra Corporation was $343,500 last year and the predicted sale of this year is $415,700.

Explanation

Given Information:

The sales of Tundra Corporation were $343,500 last year and the predicted sale of this year is $415,700.

Formula used:

Step1: Recognize the original amount and the new amount and find the difference between them.

Step2: Put the difference obtained in step 1 for the portion and the given original amount for the base in the rate formula, “R=PB”.

Step3: Solve the equation for rate and convert the answer obtained into percent.

Calculation:

The sales of Tundra Corporation were $343,500 last year and the predicted sale of this year is $415,700.

Here, Original amount is $343,500.

New amount is $415,700.

Difference between the original and the new amount is,

$415,700$343,500=$72,200.

Now, the value of base is B=$343,500 as base is the original amount and value of portion is P=$72,200 as portion is the difference between the original and the new amount

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Sect-6.I P-7RESect-6.I P-8RESect-6.I P-9RESect-6.I P-10RESect-6.I P-11RESect-6.I P-12RESect-6.I P-13RESect-6.I P-14RESect-6.I P-15RESect-6.I P-16RESect-6.I P-17RESect-6.I P-18RESect-6.I P-19RESect-6.I P-20RESect-6.I P-21RESect-6.I P-22RESect-6.I P-23RESect-6.I P-24RESect-6.I P-25RESect-6.I P-26RESect-6.I P-27RESect-6.I P-28RESect-6.I P-29RESect-6.I P-30RESect-6.I P-31RESect-6.I P-32RESect-6.I P-33RESect-6.I P-34RESect-6.I P-35RESect-6.I P-36RESect-6.I P-37RESect-6.I P-38RESect-6.I P-39RESect-6.I P-40RESect-6.I P-41RESect-6.I P-42RESect-6.I P-43RESect-6.I P-44RESect-6.I P-45RESect-6.I P-46RESect-6.II P-5TIESect-6.II P-6TIESect-6.II P-7TIESect-6.II P-8TIESect-6.II P-9TIESect-6.II P-10TIESect-6.II P-11TIESect-6.II P-12TIESect-6.II P-13TIESect-6.II P-1RESect-6.II P-2RESect-6.II P-3RESect-6.II P-4RESect-6.II P-5RESect-6.II P-6RESect-6.II P-7RESect-6.II P-8RESect-6.II P-9RESect-6.II P-10RESect-6.II P-11RESect-6.II P-12RESect-6.II P-13RESect-6.II P-14RESect-6.II P-15RESect-6.II P-16RESect-6.II P-17RESect-6.II P-18RESect-6.II P-19RESect-6.II P-20RESect-6.II P-21RESect-6.II P-22RESect-6.II P-23RESect-6.II P-24RESect-6.II P-25RESect-6.II P-26RESect-6.II P-27RESect-6.II P-28RESect-6.II P-29RESect-6.II P-30RESect-6.II P-31RESect-6.II P-32RESect-6.II P-33RESect-6.II P-34RESect-6.II P-35RESect-6.II P-36RESect-6.II P-37RESect-6.II P-38RESect-6.II P-39RESect-6.II P-40RESect-6.II P-41RESect-6.II P-42RESect-6.II P-43RESect-6.II P-44RESect-6.II P-45RESect-6.II P-46RESect-6.II P-47RESect-6.II P-48RESect-6.II P-49RESect-6.III P-14TIESect-6.III P-15TIESect-6.III P-16TIESect-6.III P-17TIESect-6.III P-18TIESect-6.III P-19TIESect-6.III P-20TIESect-6.III P-21TIESect-6.III P-22TIESect-6.III P-1RESect-6.III P-2RESect-6.III P-3RESect-6.III P-4RESect-6.III P-5RESect-6.III P-6RESect-6.III P-7RESect-6.III P-8RESect-6.III P-9RESect-6.III P-10RESect-6.III P-11RESect-6.III P-12RESect-6.III P-13RESect-6.III P-14RESect-6.III P-15RESect-6.III P-16RESect-6.III P-17RESect-6.III P-18RESect-6.III P-19RESect-6.III P-20RESect-6.III P-21RECh-6 P-1CRCh-6 P-2CRCh-6 P-3CRCh-6 P-4CRCh-6 P-5CRCh-6 P-6CRCh-6 P-7CRCh-6 P-8CRCh-6 P-9CRCh-6 P-10CRCh-6 P-11CRCh-6 P-12CRCh-6 P-13CRCh-6 P-14CRCh-6 P-1ATCh-6 P-2ATCh-6 P-3ATCh-6 P-4ATCh-6 P-5ATCh-6 P-6ATCh-6 P-7ATCh-6 P-8ATCh-6 P-9ATCh-6 P-10ATCh-6 P-11ATCh-6 P-12ATCh-6 P-13ATCh-6 P-14ATCh-6 P-15ATCh-6 P-16ATCh-6 P-17ATCh-6 P-18ATCh-6 P-19ATCh-6 P-20ATCh-6 P-21ATCh-6 P-22ATCh-6 P-23ATCh-6 P-24ATCh-6 P-25ATCh-6 P-26ATCh-6 P-27ATCh-6 P-28ATCh-6 P-29ATCh-6 P-30ATCh-6 P-31ATCh-6 P-32ATCh-6 P-33ATCh-6 P-34ATCh-6 P-35ATCh-6 P-36ATCh-6 P-37ATCh-6 P-38ATCh-6 P-39ATCh-6 P-40ATCh-6 P-41ATCh-6 P-42ATCh-6 P-43ATCh-6 P-44ATCh-6 P-45ATCh-6 P-46ATCh-6 P-47ATCh-6 P-48ATCh-6 P-49AT

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