Concept explainers
(a)
To find: how much the store manager wants to do in sales volume next year.
(a)
Answer to Problem 14STP
Explanation of Solution
Given information:
A retail store currently has annual sales of $160000. The sales manager’s goal is to increase sales by 15% for the following year.
Calculation:
Let the
(b)
To find: the store’s sales volume need to increase next year to meet this goal.
(b)
Answer to Problem 14STP
Explanation of Solution
The store’s sales volume need to increase next year to meet this goal is calculated as shown:
(c)
To find: the amount of sales volume next year if it is increased by 5%,10%,15% and 20%.
(c)
Answer to Problem 14STP
Percent | The annually sales next year |
Explanation of Solution
Calculation:
Now, construct a table for the amount of sales volume next year if it is increased by 5%,10%,15% and 20%.
The annually sales this year(whole) | Percent | The annually sales next year(part=percent |
160000 | ||
160000 | ||
160000 | ||
160000 |
Chapter 7 Solutions
Pre-Algebra, Student Edition
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