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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 business situation for the new amount after a percent change.

Overland Express has delivery trucks that cover 20% fewer miles per week during the winter snow season. If the trucks average 650 miles per week during the summer, how many miles can be expected per week during the winter?

To determine

To calculate: The miles expected per week during winter if it is given that Overland Express has delivery trucks that cover 20% fewer miles per week during the winter snow season, if the trucks average is 650 miles per week during summer.

Explanation

Given Information:

Overland Express has delivery trucks that cover 20% fewer miles per week during the winter snow season, if the trucks average is 650 miles per week during summer.

Formula used:

Follow the steps mentioned below to determine the new amount after a percent change:

Step1: Put the original value for the base in the formula Portion=Base×Rate.

Step2: If there is increase in rate of change, add that value to 100% or if there is decrease in rate of change, subtract that value from 100%.

Step3: Determine the value for the Portion.

Calculation:

Consider that the original value or the base is 650 and the rate of decrease is 20%,

As the rate of change is a decrease in miles,

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