Chapter 6, Problem 37AT

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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

Explanation

**Given Information:**

The sales of Tundra Corporation were

**Formula used:**

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

Step2: Put the difference obtained in step

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

**Calculation:**

The sales of Tundra Corporation were

Here, Original amount is

New amount is

Difference between the original and the new amount is,

Now, the value of base is

Sect-6.I P-1TIESect-6.I P-2TIESect-6.I P-3TIESect-6.I P-4TIESect-6.I P-1RESect-6.I P-2RESect-6.I P-3RESect-6.I P-4RESect-6.I P-5RESect-6.I P-6RE

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