Question

At a recent company​ meeting, Geraldine​ Erwin, sales manager of​ Dastoria, a​ flavored-beverage producer​ announced, "We have increased our sales by 8 percent in just six​ months." Suppose six months​ ago, its sales amounted to​ $452,000, what is the value of its sales​ today

A, $36,160
B, $415,840
C, $488,160
D, $565,000

Answer 1

C, $488,160

Step-by-step explanation:

For computing today sale we have to add the increased percentage to the sales value which is six months ago.

The computation of the value of the sales in the today date is shown below:

= (Six month ago sales) + (Increased percentage × Six month ago sales)

= $452,000 + (8% + $452,000)

= $452,000 + $36,160

= $488,160